Answer:
In economics, the marginal cost of production is the change in total production cost that comes from making or producing one additional unit. To calculate marginal cost, divide the change in production costs by the change in quantity.
Answer: Dirty float system.
Explanation:
The dirty float system is also knowns as "managed float".
It is a floating exchange rate in which the central bank of a particular country steps in occasionally to alter the pace at which the country's currency change value. In this system, the central bank acts to prevent external economics shock and guide against its disruptive effect on the domestic economy.
Answer:
5,745 units
Explanation:
As we know that
Number of units produced = Estimated units sold + ending inventory units - beginning inventory units
= 5,700 units + 900 units - 855 units
= 5,745 units
We simply added the ending inventory units and deduct the beginning inventory units to the Estimated units sold so that the number of units produced could come.
Answer:
False
Explanation:
we could see the following difference between Managerial and Financial accounting
Managerial Accounting
- Primary User: Internal
- Purpose of Information: To help managers make decisions
- Focus: Segments
- Frequency: As needed
- Auditing: Not subject to audit
- Required: No
- Time Frame Focused:Future
Managerial Accounting
- Primary User: External
- Purpose of Information: To help investor and creditor make decisions
- Focus: Entire organization as a whole
- Frequency: Quarterly and annually
- Auditing: Publicly held companies are audited
- Required: Required by GAAP, SEC, IRS, and others
- Time Frame Focused: Past (historical transactions)
Answer:
We should not take the contract
Explanation:
Net present value = Initial investment + Present value of cash inflows
Net present value = -95000 + 100000/1.08
Net present value = -2407.41
Thus, the contract should not be taken because the NPV is negative
