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svet-max [94.6K]
3 years ago
15

An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labor to produce its total output of 640 un

its. Each unit of capital costs $10; each unit of raw materials, $4; and each unit of labor, $3. The per-unit cost of production in this economy is
Business
1 answer:
beks73 [17]3 years ago
3 0

Answer:

$0.1  

Explanation:

The per unit cost of a production is the sum of variable cost and fixed cost divided by the total number of units produced. The per unit cost is given by the formula:

Per unit cost = (Variable cost + Fixed cost) / Number of units produced

Variable cost = Cost of raw material = Units of raw material × Cost of each unit of raw material = 5 units × $4/unit = $20

Fixed cost = Cost of labor + Capital =(Units of capital × Cost of each unit of capital) + (Units of labor × Cost of each unit of labor)  = (8 units × $3/unit) + (2 units × $10/unit) = $24 + $20 = $44

Variable cost + Fixed cost = $20 + $44 = $64

Per-unit cost of production = (Variable cost + Fixed cost) / Total output = $64 / 640 = $0.1  

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The date a cash dividend becomes a binding legal obligation to a corporation is theA. payment date.B. record date.C. earnings da
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Answer:

D. declaration date.

Explanation:

The dividend payment becomes legal obligation, when  it has been declared by Directors and approved by  shareholders in annual general meeting of the company.

The date on which the upcoming dividend payment is announced and declared by the board directors of the company is known as declaration date.

Therefore, the answer is D. declaration date.

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Assume you are analyzing the market opportunity of a distance learning company, Learnmore, that creates education courses delive
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The answer is "$8.33billion".

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3 years ago
Costs that are incurred in generating revenues during the period, but are not involved in the manufacturing process are referred
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Answer:

Period costs

Explanation:

Period costs are Costs that are incurred in generating revenues during the period, but are not involved in the manufacturing process. These cost are not related directly to the production process. These costs cannot be capitalized on the company's balance sheet. They are expensed in the period in which they were incurred and are included in the financial statement during their assigned accounting period.

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If a borrower is required to provide collateral, then the loan is considered:
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These are selected account balances on December 31, 2015. Land (location of the office building) $100,000 Land (held for future
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$1,125,000

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Non Current Asset Section

Land                                                        $100,000

Land held for future use                        $150,000

Office Building                                       $700,000

Equipment                                             $450,000

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