WE assume that when a firm hires additional workers, the marginal physical product of labor will decrease. Why? Because more people will be added in a certain firm. Thus the resources will be divided to more people now and the money will also be divided to them
I think the most appropriate answer would be "Value".
I hope it helped you!
If you returned a $5 federal reserve note to the fed, you could receive five 1$ bills, t<span>he FED or the Federal Reserve system is the central bank of the United States. Congress created the Federal Reserve through a law enacted in 1913, giving it the responsibility of promoting a solid banking system and a thriving economy.</span>
Answer:
c. the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off.
Explanation:
Under the allowance method of accounting for uncollectible accounts, the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off and bad debt expenses is debited.
This means that in the period in which an account previously written off is collected, the income is unaffected.
Also, under the allowance method of accounting, total assets will remain unchanged when a particular account is being written off.
Answer:
$10,965
Explanation:
Computation for the dollar value of the ending inventory under variable costing
First step is to find the Units in ending inventory
Using this formula
Units in ending inventory = Units in beginning inventory + Units produced−Units sold
Let plug in the formula
Units in ending inventory= 0 units + 4,900 units−4,050 units
Units in ending inventory = 850 units
Last step is to find the Value of ending inventory under variable costing
Using this formula
Value of ending inventory under variable costing = Unit in ending inventory × Variable production cost
Let plug in the formula
Value of ending inventory under variable costing= 850 units × $12.90 per unit
Value of ending inventory under variable costing = $10,965
Therefore the dollar value of the ending inventory under variable costing would be $10,965
