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Oduvanchick [21]
2 years ago
12

A firm has three different production facilities, all of which produce the same product.. While reviewing the firm's cost data,

Jasmin, a manager, discovers that one of the plants has a higher average cost than the other plants and suggests closing that plant. Another manager, Joshua, notes that the high-cost plant has high fixed costs but that the marginal cost for that plant is lower than in the other plants. He says that the high-cost plant should not be shut down but should expand its operations. Who is right?
Business
1 answer:
Valentin [98]2 years ago
6 0

<u>Joshua is right because fixed costs are unavoidable but marginal costs are not.</u>

<u>Explanation</u>:

Decision making plays an important role while considering the development of the organization. The officials in the company should act smartly in making decisions during crucial situation.

<u>Marginal cost </u>is the cost added to the total cost while producing additional units. <u>Fixed cost </u>is the cost of the product that does not change with the increase or decrease in the quantity of the products.

In the above scenario, Jasmine and Joshua were discussing about the cost of the products that are produced in their manufacturing plants. They were discussing about the marginal cost and fixed cost.

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Taussig Snow Removal's cost formula for its vehicle operating cost is $1,880 per month plus $394 per snow-day. For the month of
arsen [322]

Answer:

$394 U

Explanation:

Calculation for the activity variance for vehicle operating cost in February would be

First step is to calculate the Flexible budget

Flexible budget= $1,880 + ($394 × 14)

Flexible budget=$7,396

Second step is to calculate the Planning budget

Planning budget= $1,880 + ($394 × 13)

Planning budget=$7,002

Last step is to calculate the activity variance for vehicle operating cost in Februar

Activity variance=Flexible budget $7,396-Planning budget $7,002

Activity variance=$394 U

Therefore The activity variance for vehicle operating cost in February would be closest to $394 U.

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3 years ago
Which of the following careers is most likely to require business skills? a)Systems Analyst b)Hardware Engineer c)Software Engin
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Answer:

System Analysis

Explanation:

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3 years ago
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40. Using simple math, the Water Utility Fund of Eugene, Oregon has the following subtotals on its December 31, 2019 Statement o
alekssr [168]

Answer:

B. $1,260

Explanation:

The computation of the net position unrestricted is shown below

Unrestricted Net Position is

= Total Current and accrued Assets + Other assets - current liabilities

= $2,000 + $60 - $800

= $1,260

We simply added the other assets and deduct the current liabilities to the total current and accrued assets so that the amount could come in a correct way

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3 0
3 years ago
You are trying to concentrate during an examination but you get distracted by the sound of another student tapping her pencil on
VLD [36.1K]

Answer:1) Selective attention/comprehension.

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Selective attention is a concept in Psychology which describes the various steps or processes put in place to avoid unimportant, unnecessary and unwanted Information or Communication and focus fully on a selected Information or Communication.

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A sporting equipment store expects to purchase $8,600 of ski boots in October. The store had $2,400 of ski boots in merchandise
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Answer:

the budgeted cost of goods sold is $9,600

Explanation:

The computation of the budgeted cost of goods sold is shown below:

As we know that

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= $2,400 + $8,600 - $1,400

= $9,600

Hence, the budgeted cost of goods sold is $9,600

7 0
2 years ago
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