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Snezhnost [94]
2 years ago
9

The marginal seller is the seller who

Business
1 answer:
trapecia [35]2 years ago
3 0

Answer:

b. would leave the market first if the price were any lower.

Explanation:

In the market, the producer always sells more than the economic cost ( raw materials and labor cost) that he bears during production. The marginal seller means that the seller earns zero economic profit ( producer surplus) i.e. an economic cost equals the selling price. So if the price falls then the marginal seller would leave the market first because he will be indifferent when earns the zero economic profit but when the price falls he would leave the market.

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Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit
Margarita [4]

Answer:

Contribution margin per pound

Product A = $30

Product B = $20

Product C = $21

Explanation:

Products                            A                             B                             C

Direct Material                 $36                         $90                        $45

Provided cost of raw material per pound is $9

Pounds of raw

material used in a unit  $36/9 = 4               $90/9 = 10               $45/9 = 5

Contribution per unit         $120                      $200                       $105

Contribution margin per pound = Contribution per unit/ Pounds per unit

                                 = $120/4 = $30       $200/10 = $20       $105/5 = $21

Highest contribution margin per pound is of Product A = $30

Contribution margin per pound

Product A = $30

Product B = $20

Product C = $21

7 0
3 years ago
The best way to ensure the accuracy and safety of your account is to
choli [55]
<span>The best way to ensure the accuracy and safety of your account is to change your password frequently, or when required. Make sure it isn't easy to guess and also doesn't relate to your name or a relative's or pet's name etc.
Hope this helps!
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6 0
3 years ago
Accountants establish measurement and reporting rules that business people use to facilitate communication of financial informat
MariettaO [177]

Answer:

GAAP

Explanation:

While many businesses assume that accountants are bound by generally accepted accounting practices (GAAP), and that these are inviolable, nothing could be further from reality. Everything is subject to interpretation, and GAAP is no exception. First, these practices allow the use of alternative accounting methods for certain expenses and for the income of certain specialized businesses. On the other hand, these methods require decisions about the time at which expenses and income are recorded, and require that the key factors be quantified. Deciding the time of income and expenses, and putting a definite value on these factors requires judgment, estimation and interpretation.

The GAAP statement prepared by the Standard Financial Accounting Council (CCFE) is now more than 1000 pages long. And that doesn't even include the rules and regulations implemented by the federal regulatory agency that has jurisdiction over the financial reports and accounting methods used by public businesses - the US Security and Exchange Commission (CSI).

6 0
3 years ago
For the following right triangle, 25, 15 x. find the side length x
34kurt

Answer:

20

Explanation:

3 0
3 years ago
On January 1, 20X6, Plus Corporation acquired 90 percent of Side Corporation for $180,000 cash. Side reported net income of $30,
deff fn [24]

Answer:

29) B) $25,000

30) D) $203400

31) C) $215,100

Explanation:

Fair value of parents held by side will be $25,000.

6 0
2 years ago
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