Answer:
5,850 units
Explanation:
Units Incomplete at the beginning of the month:
= No. of units × 40% incomplete
= 600 units × 0.4
= 240 units
Units completed during the month:
= 6,000 - 600
= 5,400 units are completed
Units completed at the end of June:
= 700 units × 30%
= 210 units
Number of equivalent units of production for conversion cost for the period:
= 240 + 5,400 + 210
= 5,850 units
Answer:
C. the firm should produce if its price exceeds average variable cost.
Explanation:
WHen average total cost is less that price, this means you are making a profit, and since they are in the equilibrium sate with Margina revenue being equal to marginal cost, they are in the sweet spot of production, so the only thing left for them is producing if its price exceeds average variable cost, and that would maximize their profits.
Answer:
The boat today is worth 100,440 dollars
Explanation:
We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:
We will apply the formula for lump sum to each
cash flow and then add them together
Year Nominal Present Value
1 20000 18, 518
2 40000 34,293
3 60000 47,630
TOTAL 100,441
The answer is by having to survey the people or the consumers. For this could serve as a basis and to be able to determine the wants of the people and the popular trends in which they will like and what they want, in helping to produce better products and service.