Answer:
c.
Explanation:
Marginal opportunity cost refers to the otherwise nonexistent cost that the company has to pay in order to produce one additional unit of something. Therefore the best statement that reflects this principle would be that two more hours studying per week could raise your grade from a C to a B, but to raise it from a B to an A, would require 7 hours more studying per week. This is because moving from B to an A is one additional letter grade, but costs a lot more than moving from C to B.
The preparation of the income statement for the year ended December 31 is as follows:
Sales $94,000
Cost of goods sold
Begininng finish goods inventory $20,000
Add:Cost of goods manufactured $41,000
Cost of goods available for sale $61,000
Less: Ending finish goods inventory -$17,000
Cost of goods sold $44,000
Gross margin $50,000
Less: Operating Expenses
General and Advertising Expenses $15,000
Selling Expenses $13,000
Total operating Expenses $28,000
Operating Income $22,000
Learn more about the income statement here: brainly.com/question/14308954
-dress nicely
-be prepared
-empathize
Where are your options? Anyway, I hope this helps!!! :)
Income Total $320,000 whilst variable expenses overall $2 hundred,000 and glued prices general $60,000. the sales volume is 5,000 gadgets. the breakeven point in income bucks is Sale 200000$
working
sale=400000$
VC= 300000$
Contribution=one hundred thousand/0.25
Contribution % to sales is 25%
BEP= Contribution = FC
FC=50000
Contribution % to sales is 25%
assume Sale is = X$ then
BEP= Contribution = FC
BEP= 25% of X$ = 50000$
X = 50000$/25%
X = 200000
The breakeven point is the point at which overall value and general sales are the same, meaning there's no loss or benefit to your small enterprise. In other words, you have reached the extent of production at which the charges of production equal the sales for a product.
The breakeven point in economics, business—and mainly price accounting—is the factor at which overall cost and overall revenue are the same, i.e. "even". there's no net loss or gain, and one has "broken even", even though possibility expenses have been paid and capital has received the risk-adjusted, expected return. This discernment is crucial as it's the most effective manner for an enterprise to decide if what it costs for its products and services will cover what it charges to make the products or provide the one's offerings.
Learn more about the breakeven point here: brainly.com/question/21137380
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Answer:
Total Gross Income is equals to $41,210
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Explanation:
Continuation of the question: <em>Estimate Jamie Lee's current tax liability by completing the form below. Use the 2016 values for standard deduction ($6,300) and personal exemption ($4,050). Each answer must have a value for the assignment to be complete. Enter "0" for any unused categories</em>
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Solution:
Calculation of Gross Income
Particulars Amount
Salary $37,800
($3,150 * 12 month)
Interest Income from $210
Saving Accounts
($160+$50)
Raffle Prize Winnings <u>$3,200</u>
Total Gross Income <u>$41,210</u>
