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valentinak56 [21]

2 years ago

8

Suppose a firm produce 20 units per month and has a total variable cost of R3000 per month.If it's average fixed costs are R400

per month,What are the total cost.

1 answer:

leonid [27]2 years ago

5 0

Answer:

Total cost per month t is equal to sum of fixed and variable costs

Variable costs per month are R3000

Fixed costs per month are R400 (its not per unit, its per month!)

So total costs are 3000+400=R3400

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The statement of owner's equity: Multiple Choice

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Answer:

E. Reports how equity changes over a period of time.

Explanation:

Statement of owner's equity as the name suggests is the statement which describes the changes in owner's equity, as it is obvious that the change cannot occur at a point of time, it will occur over a period of time.

And therefore, the statement is prepared over a period generally for a fiscal year, or a financial year.

There is no statement prepared to show any change in owner's equity at a point.

Statement reporting cash flows is called cash flow statement.

Therefore, correct option is:

Statement E

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3 years ago

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:

Simpkin Corporation

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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

Which of the following choices is not considered a revenue producing business enterprise?

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3 years ago

Palmer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an ann

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Answer:

So, accounting rate of return = 33 %

Explanation:

given data

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time = 7 year

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we will get here the accounting rate of return

solution

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3 years ago

stock sells for $100 rights-on, and the subscription price is $90. Ten rights are required to purchase one share. Tomorrow the s

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Answer:

$99.09

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Using this formula

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