Answer:
$23,060
Explanation:
Land improvement cost comprises of cost spent on the upgrade of a given land and which are subject to wear and tear. They differ from the cost of the land itself which are not depreciable. Accounting rules require that land improvement costs are depreciated, whereas the cost of land itself is not depreciated.
In the given question, the cost of land include the cost of acquisition, survey and legal fees, and land clearing fees. These costs are necessary to acquire title on the land and make it ready for use.
Land improvement cost, on the other hand, include fencing and the cost of installing lighting and signage. This is because these items will depreciate and may need to be replace after some time.
Therefore, land improvement cost = cost of fencing + cost to install lighting and signage
=$9,000 + $14,060
= $23,060.
Marginal analysis is really important for a firm. Marginal analysis helps a firm to determine the most equitable allocation of a firm’s resources.
EXPLANATION:
Marginal analysis is an assessment of additional benefits of a firm activity, compared to the additional costs which are incurred by the exact same firm’s activity. A firm or company applied marginal analysis to make a decision which helps a firm to maximize the potential profits and benefits. The example of marginal analysis is when the firm’s cost to produce one more appliance or the profit gained by adding one more worker.
In microeconomics, marginal analysis is applied to analyze how a compound system being influenced by marginal manipulation of its comprising variables. On this occasion, the marginal analysis focuses on investigating the results of small changes as the consequences cascade across the business as a whole. The goal of marginal analysis is to investigate whether the costs associated with the change in activity will affect in a benefit which is sufficient enough to offset a firm. The whole impact of marginal analysis is on the cost of producing an individual unit which is most often observed as a comparison’s point.
LEARN MORE:
If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:
1. Marginal analysis helps to? brainly.com/question/3318349
2. A command economy tends to exist under a brainly.com/question/10877298
KEYWORDS: marginal analysis, economy analysis
Subject: Business
Class: 10-12
Sub-chapter: Marginal Analysis
The expenditure technique for measuring GDP sums: intake, funding, authorities purchases, and internet exports.
Gross domestic product (GDP) is the overall monetary or marketplace fee of all of the finished items and services produced within a country's borders in a specific time period. As a large measure of standard domestic production, its capabilities as a comprehensive scorecard of a given us of a's monetary health.
One of the maximum common is GDP, which stands for the gross home product. it is regularly noted in newspapers, in television information, and in reports by governments, valuable banks, and the commercial enterprise community. It has emerged as widely used as a reference point for the health of national and international economies.
GDP is measured by way of taking the portions of all items and offerings produced, multiplying them through their fees, and summing the whole. GDP can be measured both with the aid of the sum of what's purchased within the financial system or by what is produced. demand may be divided into the intake, investment, authorities, exports, and imports.
Learn more about GDP here: brainly.com/question/1383956
#SPJ4
Answer:
See the explanation for the answer
Explanation:
The aggregate plan is prepared below;
Period 1 2 3 4 5 6
Forecast 200 200 300 400 500 200
Output
Regular 300 300 300 0 450 450
Overtime
Subcontract
Output
Forecast 100 100 0 400 50 25
Inventory
Beginning 0 100 200 200 0 0
Ending 100 200 200 0 0 0
Average 50 150 200 100 0 0
Backlog 0 0 0 200 250 0
Costs
Output
Regular 600 600 600 0 900 900
Overtime
Subcontract
Inventory 50 150 200 100 0 0
Backorder at5 0 0 0 1,000 1,250 0
Total 650 750 800 1,100 2,150 900