Answer:
with the third doubling, the AVC = $9.11 per unit
Explanation:
The average variable cost (AVC) decreases by 10% with each doubling of cumulative output:
<u>Production level in units</u> <u>AVC per unit</u>
1,000 $12.50 per unit
2,000 $11.25 per unit
3,000 $10.13 per unit
4,000 $9.11 per unit
Answer:
This is correct
Explanation:
There will be two entries. One at the time of receiving cash on 1st July . That would be
Cash. B. $6600 (debit)
Unearned Rent Revenue. $ 6600 (credit)
On 31st Dec an adjusting entry would be made . The rent for 6 months will be calculated which will be as given above.
Rent for 6 months = ( 6,600/12 )* 6= $ 3,300
The entry will be
Unearned Rent Revenue $3,300 (debit)
Rent Revenue $ 3,300 (credit)
$ 3300 will be deducted from the current liabilities on the credit side.
Rent Revenue of $3300 will be added on the credit side of the income statement.
<h2>Leadership quality is required for the CEO</h2>
Explanation:
Upon all other quality, leadership quality always stands top and allow him / her to be in top position.
When the company is hiring new CEO, he must look out for the following qualities:
- Proven leadership qualities
- Dedication towards the work and mainly organization
- Crisis management to resolve issues
- The proven responsibility
- The achievement made in the previous workplace
- Ability to maintain confidentiality
- Has good convincing skill
- Ability to bring collaboration, cooperation among the team
- Has control over the team
This system can help a business monitor quantitative business factors
Inventory and transaction systems
Explanation:
The Inventory and transaction systems are usually there to report on the tangible benefits of the transaction that are being made and the commerce that is happening for the business over all.
These inventories are thus to be deigned and computed in the manner that would best align with the interest of the company and the firm that is needed for the quantitative business.
Quantitatively, one would need substantial data and this can provide it well.
<u>Answer:</u>
bulk
<u>Explanation:</u>
The Tomatoes are produced in a bulk and the canned products are sent out in batches but the process of moving tomatoes from receiving through packaging and processing is done on a conveyor belt which is a continuous process.
Therefore, the production of tomatoes in a bulk is a continuous process which goes on around the clock on a conveyor belt and the final products are sent out in batches which have their own unique identity number.