If price exceeds average variable cost but is less than average total cost, a firm __

A main difference between the tablet and the smartphone is the

8090 [49]

Hey there,
Tablets have bigger screens than smartphones

Hope this helps :))

<em>~Top♥</em>

4 0

3 years ago

In a two-stage activity-based costing model, stage one involves Select one: A. assigning direct costs to cost objects. B. assign

LekaFEV [45]

Answer:

The correct answer is letter "B": assigning indirect resource costs to activity pools.

Explanation:

Activity-based costing or ABC is a managerial accounting method that assigns indirect costs to the products which incur the bulk of those costs. In the manufacturing sector, ABC is mainly used to help measure the true cost of output per unit.

<em>The two-step ABC approach involves assigning indirect costs of support departments -e.g., maintenance, quality control- to pools of production departments in the first step. In the second step, activity costs are combined with the indirect costs and overhead rates are added.</em>

5 0

3 years ago

Lerman Company has preferred stock outstanding. It pays an annual dividend of $20. If its current price is $70, what is the disc

Tpy6a [65]

Answer:

the discount rate is 28.57%

Explanation:

The computation of the discount rate is shown below:

Discount rate = Dividend ÷Share Price of Preferred stock

= $20 ÷ $70

= 28.57%

By dividing the dividend from the price of the preferred stock we can get the discount rate

Hence, the discount rate is 28.57%

5 0

3 years ago

If your firm buys $1,000 worth of supplies on credit with terms 3/15 n60 and pays the bill on the 60thday after the purchase:

Agata [3.3K]

Answer:

Nominal Cost of Trade Credit = 25.09%

Exact Cost of Trade Credit = 28.03%

Explanation:

given data

buys worth = $1,000

terms = 3/15 n60

pays the bill = 60th day

to find out

Nominal Cost of Trade Credit and Exact Cost of Trade Credit

solution

we know here Discount % and time 60 day and discount period that is

Discount % = 3%

time for Payment = 60 days

and Discount Period = 15 days

so Nominal Cost of Trade Credit will be as

Nominal Cost of Trade Credit = Discount % ÷ (100 - Discount % ) × [ 365 ÷ (time for Payment - Discount Period) ] ..................1

put here value we get

Nominal Cost of Trade Credit = $\frac{0.03}{1-0.03}$ × $\frac{365}{60-15}$

Nominal Cost of Trade Credit = 25.09%

and

Exact Cost of Trade Credit will be here as

Exact Cost of Trade Credit = (1+Discount % ÷ (100%-Discount %))^(365/(time for Payment - Discount Period) - 1 ..................2

put here value we get

Exact Cost of Trade Credit = $(\frac{1+0.03}{1-0.03})^{\frac{365}{60-15}} - 1$

Exact Cost of Trade Credit = 28.03%

5 0

3 years ago

Which of the following is incorrect regarding the basic accounting equation?

tekilochka [14]

Considering you accidently messed up the question, Could you give me a brainliest?

3 0

3 years ago

If price exceeds average variable cost but is less than average total cost, a firm ___