I encountered this question but it should have choices. The choices were
A) <span>decrease output and increase price.</span>
B) <span>not change output or price.</span>
C) <span>increase output and decrease price.</span>
D) <span>shut down.</span>
The firm should DECREASE OUTPUT AND INCREASE PRICE.
MC is greater than MR thus the need for decrease in output and increase in price.
Answer:
An employee earns $6,250 per month working for an employer. The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The current FUTA tax rate is 0.8%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay.
Explanation:
Julie’s mental age is 8 years old. Mental age is the age of
a person based on his or her intelligence. Mental age is computed based on the result
of the intelligence test and the psychologist assessment to the person.
Answer:
The correct answer is letter "A": cost pool.
Explanation:
Activity-Based Costing or ABC is a managerial accounting method used to assign some indirect costs to the products which incur the bulk of those costs. By doing so, it is assumed that all those costs in the <em>cost pool</em> can be bundled because they are relevant for production. In the manufacturing sector, ABC is mainly used to help measure the true cost of production per unit.
