Answer:
e. - $2,330.
Explanation:
Working capital is calculated by subtracting total current liabilities of a company from its total current assets. This is the amount of capital which is used by the company in running day to day operations. Working capital is considered an important part in company's operating capital.
The net working capital is calculated by subtracting working capital at the end of year minus working capital at start of the year.
Working capital at start = Current Assets - Current Liabilities
Working capital at start : $16,200 - $13,280 = $2,920
Working capital at end = Current Assets - Current Liabilities
Working capital at end : $14,800 - $14,210 = $590
Net working capital = Working capital at year end - Working capital at start of year.
Net working capital = $590 - $2,920
Net working capital = - $2,330.
Answer:
b. $1,144 unfavourable.
Explanation:
The computation of the variable overhead efficiency variance is shown below:
= (Actual Hours - Standard Hours) × Standard rate per hour
=(1,700 - 8.1 × 200 units) × $14.30
= 80 × $14.30
= $1,144 unfavorable
hence, the variable overhead efficiency variance is $1,144 unfavorable
Therefore the option b is correct
Answer:
Fixed is a payment that does not change like insurance while variable can chang like bills
Explanation:
Taste of the Tropics is a company that makes fruit juices. It recently lowered the size of its premium juice brand from 64 to 52 ounce containers while maintaining the same pricing is the example of Marginal revenue.
<h3>What is marginal revenue?</h3>
Marginal revenue is the increase in income that results from the sale of one additional unit of output.
The law of diminishing returns states that while marginal revenue can remain constant for a particular quantity of output, it will eventually slow down as the output level grows.
Thus, it is an example of Marginal revenue.
For further details about the marginal revenue, click here:
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