Answer:
Continue operating; $699
Explanation:
The equilibrium price is $10.
MR = MC at 233 units of output.
At this output level, ATC is $12, and AVC is $9.
The AFC or average fixed cost
= ATC - AVC
= $12 - $9
= $3
The total fixed cost
= 
= 
= $699
The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.
Answer:
If I would be a Marshal, I would like succeeding apprehensions should to be indisputable with accountant.
- Recognize the environment- accountant must appreciate the industry, responsibility or the organization in very clear style. He should clearly recognize and go with the administrative goals.
- Communication capability- Accountant must have resilient communication capability to talk with other individual and to make him recognize about any request of that individual.
- Flexibility- as the rules and policies are changes time to time, accountant must flexible enough to accept the changes easily.
- Strong Ethics- moreover the applied ethics, accountant should also have durable moral ethics.
- He should have durable confidence. Furthermore he should confirm to keep personal information secure.
- Precise and Detailed evidence- the accounts organized by accountant must be precise and very clear. It also should be thorough. Proper foot notes should be stated in financial statements.
- Inspiration- account must have competence of rational thinking to come up with fresh clarifications for given problems.
- Trustworthiness- the accountant should be dependability. He knows the secrets of the responsibility. So he should not to reveal these secrets to anyone without prior specialist.
Answer:
30%
Explanation:
For computing the percentage of the total overhead cost we need to find first plantwide overhead rate and Product J25M (absorbed overhead) which is shown below:-
Plantwide overhead rate = Total plant overhead ÷ Total number of labor hours
= ($120,000 + $90,000 + $84,000 + $300,000) ÷ (7,000 + 3,000)
= $594,000 ÷ 10,000
= 59.4 per labor hour
Product J25M (absorbed overhead) = Plantwide overhead rate × Direct labor hours of Product J25M
= $59.4 × 3,000
= $178,200
So, the Percentage of the total overhead cost = Product J25M (absorbed overhead) ÷ Total plant overhead × 100
= $178,200 ÷ $594,200 × 100
= 30%
If this is a true or false question, then the answer is definitely true.
This definition you wrote above does indeed refer to constructive receipt. It is used to determine whether a tax payer has received a gross income and whether and when he or she should pay their taxes, as well as to calculate how much they are supposed to pay.
Answer: Fixed Costs
Explanation:The Manager needs to consider the fixed cost of the business before lowering the charges to customers.
Fixed costs are cost incurred that do not vary with output. if fixed cost are lowered without proper calculation/consideration, the business might run at a loss.
