Answer: The marginal benefit curve is downward.
The marginal cost curve is upward
Explanation:
Unlike the marginal cost curve, whose slope is often upwards, the marginal profit curve is generally known by its downward slope.
The optimum allocation of resources to a given product will take place when these curves are used. MB = MC always.
Answer:
b. 3.4 pounds
Explanation:
Swifty Corporation
Product requires 2.9 pounds of materials per unit
Add Allowance for waste per unit is 0.3 pounds
Add Spoilage per unit 0.2 pounds
Standard Quantity is = 2.9+ 0.3+ 0.2= 3.4 pounds
The standard quantity per unit for direct materials should reflect the amount for each unit of finished product as well as allowance for unavoidable waste, spoilage and other normal inefficiencies
Answer:
28.6 days
Explanation:
Avg Receivables= Beg Receivables + Ending Receivables /2
=65,800+73,000/2
=$138,800/2
=$69,400
Receivable turn over= Net Sales/ Avg Receivables
=884,000/69,400
=12.74
days to collect during year= 365/ Receivable turn over =365/12.7
=28.6 days
False is your answer so it would be b
Answer:
Journal entry that Parent will make on the date of acquisition to record the investment in Son Inc. is <u>$1035000.</u>
Explanation:
Journal entry Parent make on the date of acquisition to record the investment in Son Inc.
The net worth of Son’s Inc. is $ 1150000. The parent acquires 90 % of it . So we assume that 90 % stock is held by parent for $ 1035000.
