Answer:
$3.389
Explanation:
Data provided as per the question below
Fixed cost = $300,000
Variable cost = $200,000
Total cost = $500,000
Units produced = 59,000
The computation of variable cost per unit is shown below:-
Variable cost per unit = Variable cost ÷ Units produced
= $200,000 ÷ 59,000
= $3.389
Therefore we applied the above formula.
Answer:
b. can be tailored to the needs of the internal user.
Explanation:
Managerial accounting information is basically for internal users, and is not aimed to provide information to external users. It aims of future projections.
It need not follow the US GAAP process, as there is no statutory requirement.
Shareholders are considered external for this purpose, as internal ones are, management, employees, labor etc:
Therefore, it does not help shareholders.
It does not report any kind of business results, it only aims to regulate transactions and accordingly planning future goals.
Therefore, correct option is
b. can be tailored to the needs of the internal user.
Answer: Aggregate demand would shift to the left due to a decrease in US exports.
Explanation When the dollar appreciated against foreign currencies, U.S. goods and services become relatively more expensive, reducing exports and boosting imports in the United States. Such a reduction in net exports reduces aggregate demand.
Answer:
<u>Directive.</u>
Explanation:
House's original path-goal theory is based on the theory that the behavior exerted by the leader must be adjusted according to the work environment and the employees, so that there is motivation, satisfaction and improvement in the performance of the employees to achieve of goals.
According to House and Mitchel, there are four styles of leaders:
- Directive,
- Supportive,
- Participative, and
- Achievement.
So on this issue, the leadership style that best fits is the directive leader.
In this leadership style, it is the leader who provides the guidelines for the development and execution of tasks, and the coordination of work. The leader provides clear goals and expectations about performance to achieve the expected results.
Answer:
a. 9%
b. Yes, the firm earning an economic profit of 2%
c. Yes, Industry will see entry or exits
d. Rate of return of economy = 7%
Explanation:
a. Percentage rate of return = Earning ÷ Investment by founders × 100
= $18 ÷ $200 × 100
= 9%
b. Company rate of profit - Rate of profit of economy
= 9% - 7%
= 2% > 0
Yes, the firm earning an economic profit of 2%
c. Yes, Industry will see entry or exits because industry is competitive in nature and would to like to compete to others by satisfying the consumers . In perfect competitive markets there will be no entry or exits and critical characteristics reason companies are free for entry and exit for marginal profits.
d. Industry is competitive , there will be supplier to serve the market and its hard to decide the price of the product.
Hence, the rate of return long run equilibrium earned by firm = Rate of return of economy = 7%
