Answer:
It dosent show a question.
Answer:
TRUE
Explanation:
TRUE, in the question, the government is going to auction off permits equal to one third of total emissions in the economy (so two-thirds of all emissions must be abated)
however, the firm will buy 100 permits even though thir marginal cost is below $ 15. because here the firm will get a monopoly in holding the permits of one third of total emissions in the economy. this is such a huge benefit for the firm and by acquiring this permits the firm can transfer the permission permits to other firm with high price or they can distribute the permits of emission among the different firms below the size of the emission permits holding firm. thus, even though marginal abatement cost of$8 has a special opportunity to buy 100 permits at a price of $15 per permits, the firm will resort to buy the permits. the power in handling the emission permits and the monopoly getting the firm in holding the permits allow the firm to act as a leader in the economy compared to other firm who don't have the emission permits. thus, the money gain and the authority gaining in emission permit hold the firm to buy the permits even though their marginal cost is below $15
Answer:
If Solemon wants to earn a targeted profit of $3,600, the number of units must be sold are 9,300 units.
Explanation:
In Solemon Company:
Contribution margin per unit = Sales price – Variable cost per unit = $8-$6=$2
The number of units must be sold to meet the target profit figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.
In there: Total fixed cost are $15,000
Targeted profit are $3,600
The number of units must be sold = ($15,000 + $3,600)/$2 = $18,600/$2 = 9,300 units.
Answer:
the total cost of ending work in process is $39,420
Explanation:
The computation of the total cost of ending work in process is shown below:
Equivalent cost per unit
Material = $301,600 ÷ 5,200 units = $58 per unit
Conversion = $405,500 ÷ 5,000 units = $81.10 per unit
Now ending work in process is
= 400 units × $58 + 200 units × $81.10
= $23,200 + $16,220
= $39,420
Hence, the total cost of ending work in process is $39,420
Pay yourself first is the budgeting strategy that is achieved by setting aside minimum of 10% of after-tax income for saving.
The term called "Pay yourself first" means a finance strategy which helps to increase and ensure consistent savings and investment.
- The goal of the budgeting strategy called "Pay yourself first" helps to ensure income is first saved or invested before the expenses start to decline the income..
In conclusion, Pay yourself first is the budgeting strategy that is achieved by setting aside minimum of 10% of after-tax income for saving.
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