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3 years ago

Using this table, calculate the marginal cost of each of

Business

1 answer:

alexandr402 [8]3 years ago

5 0

Answer:

See below

Explanation:

Marginal cost is the additional expenses incurred in producing one more unit of output. Marginal cost is the expenses associated with the production of one extra unit.

In this case, there will be marginal costs in producing the first item. There is no extra unit in the first unit. Marginal costs will be zero. The second item's marginal cost will be the difference between the cost of the second and the first item.

First bike

The fourth bike:

=Forth bike - third bike

=$130 -$110

= $20

The sixth bike

=sixth - fifth

=$210 -$160

=$50

The seventh bike

=seventh - sixth

=$270 -$210

=$60

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An investor holding a short position in a maturing futures contract may:

Talja [164]

Answer:

Take delivery of the underlying asset from the holder of the long position. 

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3 years ago

Wilson Trucking, Inc. reports these account balances at January 1, 2015 (shown in alphabetical order):Accounts Payable $220,000A

dexar [7]

Answer:

The correct option is C,$ 1,399,000

Explanation:

The items on the credit column would be the sum of accounts payable, capital stock, notes payable and retained earnings minus the payment of accounts payable and notes payable

Accounts payable is $220,000

capital stock is $680,000

notes payable is $520,000

retained earnings is $140,000

payment in respect of accounts payable is $150,000

payment in respect of notes payable is $11,000

total of credit column=$220,000+$680,000+$520,000+$140,000-$150,000-$11,000=$ 1,399,000.00

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3 years ago

After you open your new business is not the best time to

Alexxandr [17]

C. Conduct a research on your product.

You should have already done the research by this stage

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3 years ago

Read 2 more answers

_______Treasury Stock is reported on the balance sheet

Debora [2.8K]

Answer:

c. as a deduction from Stockholders’ Equity

Explanation:

The treatment of the treasury stock in the balance sheet is that it is deducted from the stockholder equity as it shows the buy back position of the common stock

The other things i.e retained earnings, additional paid in capital is to be added as it increased the balance of the stockholder equity

Therefore in the given case, the option C is correct

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3 years ago

Planet Corporation acquired 90 percent of Saturn Company’s voting shares of stock in 20X1. During 20X4, Planet purchased 52,000

Zepler [3.9K]

Answer:

Purchase of Inventory by Planet (Parent)

Inventory $1,456,000 (debit)

Cash $1,456,000 (credit)

Sale of Inventory by Planet (Parent) to Subsidiary (Saturn)

Revenue $1,258,000 (debit)

Cost of Sales $1,258,000 (credit)

Sale to third Parties by Saturn

Cash $1,813,000 (debit)

Cost of Sales $1,036,000

Sales Revenue $1,813,000 (credit)

Inventory $1,036,000

Explanation:

Purchase of Inventory by Planet (Parent)

Inventory $1,456,000 (debit)

Cash $1,456,000 (credit)

Inventory : 52,000 × $28 = $1,456,000

Sale of Inventory by Planet (Parent)

Note : This is an Intragroup transaction and need to be eliminated

Revenue $1,258,000 (debit)

Cost of Sales $1,258,000 (credit)

Revenue : 37,000 × $34 = $1,258,000

Sale to third Parties by Saturn

Cash $1,813,000 (debit)

Cost of Sales $1,036,000

Sales Revenue $1,813,000 (credit)

Inventory $1,036,000

Sales Revenue = 37,000 × $49 = $1,813,000

Cost of Sales = 37,000 × $28 = $1,036,000

7 0

3 years ago