1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arte-miy333 [17]
3 years ago
6

Hammond Lumber has just changed from prefabricating 8 gazebos to 10 gazebos (units). Their total costs changed from $9,500 to $1

1,000. What is the marginal cost for Hammond Lumber?
Business
1 answer:
AfilCa [17]3 years ago
3 0

Answer:

MC = 750

Explanation:

Below is the given values:

Initial quantity = 8

Final quantity = 10

Initial total cost = $9500

Final total cost = $11000

Marginal cost = Change in total cost / Change in quantity

Change in total cost = 11000 - 9500 = 1500

Change in quantity = 10 - 8 = 2

Marginal cost = Change in total cost / Change in quantity

MC = 1500 / 2

MC = 750

You might be interested in
Which of the following is not always a result of unethical behavior? a. loss of profits b. loss of goodwill c. loss of trust d.
ehidna [41]

Answer:

The correct answer is letter "A": loss of profits.

Explanation:

A company's loss of profits can be caused because of several reasons. Typically is the result of<em> internal factors such as ineffective managerial strategies, unethical executives allocation of resources, inefficient production processes or poor market study and external factors such as suppliers deficit, political events or government regulations. </em>

<em>Thus, unethical events are not the only reason why entities incur losses.</em>

7 0
3 years ago
Under which circumstance would someone need disability insurance?
Mandarinka [93]
You would need Disability insurance to protect one's income in the case that he or she becomes disabled.

So circumstances could include car crashes natraul events
8 0
2 years ago
Read 2 more answers
Addams Corporation paid cash dividends totaling $75,000 during its most recent fiscal year. How should this information be repor
Mazyrski [523]

Answer:

The answer is E. In financing activities as a use of funds.

Explanation:

In cash flow, to be a source of fund means there is cash inflow i.e cash is coming in to the business and to be a use of fund means there is cash outflow i.e cash is going out of the business the business.

Also in cash flow, we have three sections - operation, investing and financing sections.

For cash flow from operating activities, use of fund or source of fund about how a business carries its normal activities are important here.

Cash flow from investing activities is about long term Investment the company is engaging on e.g sale or Purchase of machinery.

Cash flow from financing activities is about how the company is funding the business or how the firm is repaying its shareholders for using their fund e.g payment of dividends(use of fund i.e cash outflow)

4 0
3 years ago
Recently, many organizations have added __________ to their mission statements.
ehidna [41]
The answer to this question is (<span>b.) a social element to reflect what is morally right and worthwhile.
The companies use this tactic in order to gain favour from potential customers by aligning their value with the customers'. When customers feel that a company is reflecting all the values that they believe in, they will be more likely to be loyal to that company and keep buying their products</span>
8 0
3 years ago
You have been asked to help King Company make the necessary journal entry to record the purchase of office furniture for a $170
Marina CMI [18]

Answer:

Debit Office Furniture account    $710

Credit Cash account                    $170

Credit Accounts payable             $710

Being entries to recognize office furniture partly paid for.

Explanation:

When items are purchased using cash, the corresponding credits in such transactions are recorded in the cash account. Where the item is purchased on account (or credit), the credit is posted to accounts payable.

Total worth of the office furniture = $170 + $540 = $710

The total debit for this will be recorded in the office furniture account.

Hence to recognize the transaction,

Debit Office Furniture account    $710

Credit Cash account                    $170

Credit Accounts payable             $710

Being entries to recognize office furniture partly paid for.

3 0
2 years ago
Other questions:
  • Consider the expenditures listed below and classify each of the expenditures as a capital expenditure or a revenue expenditure r
    7·1 answer
  • Consider each person's situation to determine who would be counted among the "unemployed."Laura works 20 hours in a paid positio
    5·1 answer
  • Calculate the present value of $4,000 received five years from today if your investments pay (Do not round intermediate calculat
    15·1 answer
  • On 12/31/10, Heaton Industries Inc. reported retained earnings of $675,000 on its balance sheet, and it reported that it had $17
    9·1 answer
  • During 2021, a company sells 200 units of inventory for $58 each. The company has the following inventory purchase transactions
    11·1 answer
  • BECAUSE BUSINESS CANNOT BE BOOMING APPARENTLY, I MIGHT GET BANNED.
    11·2 answers
  • Essence of Skunk Fragrances Calculate the average collection period. (Do not round intermediate calculations and round your answ
    13·1 answer
  • Which of the following is something a smart pick list does not help pickers do?
    10·1 answer
  • Một người tiêu dùng có thu nhập I = 10.000 ngàn đồng/tháng để mua 2 hàng hóa X và Y. Giá của hàng hóa X là Px = 20 ngàn đồng/kg
    8·1 answer
  • Khalil works in the gig economy, making deliveries for local stores and restaurants. He's trying to save money so he can go back
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!