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TiliK225 [7]
3 years ago
12

When a firm produces one more unit of output the total revenue increases from $838 to $973, and the total cost increases from $5

14 to $686. When this last unit of output was produced, what was the change in profit? Enter a whole number with no dollar sign. Enter a negative sign if appropriate.
Business
1 answer:
joja [24]3 years ago
3 0

Answer:

the profit decrease -37

Explanation:

First of all you need to calculate the profits between the first scenario

1st= revenue1- total cost1

1st= 838-514 = 324 (profit)

secondly, you have to calculate the second scenario:

2nd = revenue 2- total cost 2

2nd= 973 - 686 =  287 (profit)

Now that you have the two results need to calculate the difference

Profit 2 - Profit 1

287 -324= -37

It means that the profit decrease -37 and is equvalent to -11,4%

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The Sit-N-Spin Corporation manufactures and assembles office chairs. Sit-N-Spin uses an activity-based costing system to allocat
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Answer:

Materials handling Allocation= $27.5

Explanation:

Giving the following information:

Each chair consists of 10 separate parts totaling $165 direct materials and requires 5.0 hours of machine time to produce.

Materials handling= $2.75 per part

Machining=  $5.00 per machine hour

Assembling= $1.50 per part

Packaging= $3.75 per finished unit

Material Handling allocation base is: Number of parts.

Allocation= 10 parts* $2.75= $27.5

4 0
3 years ago
Candice’s first job was at the grocery store making deli food. While in culinary school, she worked part time in a restaurant ki
jok3333 [9.3K]

Answer:

move up the career ladder

Explanation:

A career is a series of jobs that are related, whose foundation is based on interest, knowledge, training and experience. Moving up the career ladder means that one has continuously been growing in experience by moving from series of related jobs with fewer responsibilities to the one with more responsibilities within a specific profession.

Moving up the the career ladder also involve continuous advancement in education related to one's profession with a view to gaining more knowledge that would be applied to the chosen job hence above is an example of moving up the career ladder.

7 0
3 years ago
2. NEIU Company has no beginning and ending inventories, and reports the following information for its only product: Direct mate
Mrac [35]

Answer:

Product cost per unit = $13

Explanation:

<em>Absorption costing values units of inventory and production using full cost per unit. Full cost per unit includes variable cost and a portion of fixed production overheads. The fixed production overhead are charged to cost units using predetermined overhead absorption rate.</em>

The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads.

Total full absorption cost = 125,000 + 100,000 + 75,000 + 25,000=325,000

Full cost per unit = Total full absorption cost/Number of units

                            = 325,000/25,000 =$13

<em>Note that we excluded non- production cost like selling and administrative from the computation because they are not related to production</em>

Product cost per unit = $13

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Which strategy is an effective way to manage risk? A. documenting and sharing risk management procedures B. renouncing changes i
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Answer:

A

Explanation:

5 0
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