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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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As a contemporary manager, your employees will perceive that their opinions are more valued if:
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An example to this would be having brainstorming meetings where employees are free to give their ideas. Another option would be by eliminating the need to call the manager using suffixes such as Mr. or Dr.

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3 years ago
Assume that you have already completed a 5-year international assignment working for KPMG as a Tax Consultant in Singapore.
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Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.

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2 years ago
John is a design engineer working at an auto manufacturer research and development department. In addition to his normal duties,
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Answer:

The correct answer is (a)- Parallel teams.

Explanation:

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3 years ago
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Answer:

$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.

Explanation:

If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:

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3 years ago
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Answer:

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