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3 years ago

Explain the four basic costs curves

Business

1 answer:

Makovka662 [10]3 years ago

4 0

Answer:

<em>The output is represented along OX and cost along OY; AFC curve represents average fixed cost. AVC curve represents average variable cost, ATC curve represents average total cost (i.e., total of AFC and AVC and is called AC, i.e., average cost). MC curve represents marginal cost</em>

Explanation:

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3 years ago

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Simpkin Corporation owns manufacturing facilities in States A, B, and C. B uses a three- factor apportionment formula under whic

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Answer:

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Explanation:

a) Data and Calculations:

Apportionable operating income = $1,000,000

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Sales $400,000 $800,000 $300,000 $1,500,000

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3 years ago

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Answer and Explanation:

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3 years ago

Vasco Company purchased equipment on January 1, 2001 at a purchase price of $50,000. Vasco paid $2,500 in shipping costs on the

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Answer:

The amount of depreciation expense is $3,871.86.

Explanation:

Sum-of-the-years digits method is determined by: (Remaining useful life/Sum of the years' digits) x Depreciable cost.

Depreciable cost = Cost - Salvage value

Depreciable cost = $50,000 + $2,500 - $5,000 = $47,500

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Depreciation expense = 6/21 x $47,500 = $13,571.43 for Year 2001

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55 = 10+9+8+7+6+5+4+3+2+1

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3 years ago

Explain the four basic costs curves​

Explain the four basic costs curves