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Leokris [45]
3 years ago
13

Economies of scale are said to exist when inputs are increased by some percentage and output increases by a(n) __________ percen

tage, causing unit costs to __________.
A. greater; fall
B. smaller; fall
C. greater; rise
D. smaller; rise
E. equal; fall
Business
2 answers:
sleet_krkn [62]3 years ago
8 0

Answer:

Answer is A) greater;fall.

Refer below for the explanation.

Explanation:

Economies of scale are said to exist when inputs are increased by some percentage and output increases by a greater percentage, causing unit costs to fall.

allochka39001 [22]3 years ago
3 0

Answer: A greater and fall

Explanation:

Economies of scale are said to exist when inputs are increased by some percentage and output increases by a(n) greater percentage, causing unit costs to fall. This is referred to as the cost advantages obtained by companies when production becomes well organized. One reason for economies of scale is specialization of labor and of machinery. This brings a great input to production because Labour must have mastered his/her field coupled with the help of machinery which will eventually result into a great turn out.

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Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra
MakcuM [25]

Answer:

Explanation:

Given that the relevant range of production is 500 units to 1,500 units, the cost elements are fixed and variable. All the items listed will change as a result of  a 5% increase in sales, only the fixed expense will not be affected when the activity level changes from 1000 units to 1050 units.

The 1050 units represents the units sold where there is a 5% increase.

= 1000 × 1.05 = 1050 units

As such,

Sales (1050 units) = 1050/1000 × $80,000 = $84,000

Variable expenses (1050 units)  = 1050/1000 × $52,000 = $54,600

As such, If the company sells 1050 units

                                     Amount in $

Sales                                 84,000

Variable expenses           <u>(54,600)</u>

Contribution margin          29,400

Fixed expenses               <u>(21,840)</u>

Net operating income       <u>7,560 </u> 

Estimated percent increase in net operating income = (7560 - 6,160)/6,160 × 100%

= 1,400/6160 × 100%

= 22.73%

4 0
3 years ago
Among the states, the law governing limited liability companies is far from uniform because Group of answer choices a limited li
Flauer [41]

Answer: State limited liability company statutes vary from state to state.

Explanation:

States are able to pass their own laws regarding the treatment of certain things within a state and limited liability companies are one of them.

The states have different corporate values and therefore will pass different laws to treat limited liability companies based on these values. These laws and statutes will therefore by extension, vary just as the values vary.

For this reason, the law governing LLCs in the different states is not uniform.

5 0
3 years ago
Sportly, Inc. completed Job No. B14 during 2011. The job cost sheet listed the following: Direct materials $44,000 Direct labor
Damm [24]

Based on the direct materials, the direct labor, and the manufacturing overhead, the cost of finished goods on hand is $33,600.

<h3>What is the cost of finished goods on hand for this job?</h3><h3 />

Cost of goods on hand is:

= Cost of goods per unit x Number of goods on hand

Cost of goods per unit is:
= (44,000 + 24,000 + 16,000) / 3,000 units

= $28 per unit

Cost of goods on hand:

= 28 x (3,000 - 1,800)

= $33,600

Find out more on finished goods at brainly.com/question/26764271.

#SPJ1

3 0
2 years ago
Jane Tucker is the ethics officer for a publicly traded company. She is concerned that the company does not have a mechanism for
BabaBlast [244]

Answer: C) Without an anonymous reporting system, the company does not meet the minimum requirements for the protections of the Federal Sentencing Guidelines.

Explanation:

Based on the information given, it should be noted that since there's no anonymous reporting system, the minimum requirements for the protections of Federal Sentencing Guidelines isn't met by the company.

The Federal Sentencing Guidelines simply refers to the rules that with regards to the uniform policy through which the individuals and the organizations that have been convicted of felonies and every other misdemeanors are set up. In this case, the requirements hasn't been met since there is no anonymous reporting system.

7 0
3 years ago
Simon lost $4,300 gambling this year on a trip to Las Vegas. In addition, he paid $2,650 to his broker for managing his $265,000
Ostrovityanka [42]

Answer:

Assuming Simon’s AGI is $40,000.

Gambling losses are only deductible to the extent of gambling winnings. Thus,Simon cannot deduct any of the $4,300 gambling losses. The $3,160 transportation expenses are also nondeductible as they are deemed to be personal expenses. The $2,650 broker management fees are deductible as investment fees (miscellaneous itemized deductions subject to the 2% AGI floor), and the $1,030 tax return fees are also deductible as miscellaneous itemized deductions subject to the 2% AGI floor.

Thus, $2,650 + $1,030 – (2% x $40,000 AGI) = $2,880 deduction

6 0
3 years ago
Read 2 more answers
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