Answer: $30
Explanation:
Given that,
Average variable cost (AVC) = $25
Average fixed cost (AFC) = $5
Marginal cost (MC) = $30
Average total cost (ATC) = Average fixed cost (AFC) + Average variable cost (AVC)
= $5 + $25
= $30
Therefore, average total cost is the sum of average fixed cost and average variable cost. Alternatively, average total cost is calculated by dividing total cost to units of output produced.
I had to look for the options and here is my answer. In the comparison of political, economic and environmental push and pull factors, we can say that the statement that shows accuracy related to this is this: "the most common environmental push factor is water." (This answer is based on the actual options attached to this question.)
Answer:
Entries are given
Explanation:
We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.
DEBIT CREDIT
A. Kacy Spade, owner, invested cash in the company
Common stock 14250
Cash 14250
B. The company purchased office supplies
Office supplies 413
Cash 413
C.The company purchased office equipment on credit
Office equipment 7880
Payables 7880
D.The company received $1,681 in cash
Cash 1681
Fees earned 1681
E. The company paid $7,880 cash to settle the payable
Payables 7880
Cash 7880
F. The company billed a customer $3,021 as fees
Receivable 3021
fees earned 3021
G. The company paid $520 cash for the monthly rent.
Rental expense 520
Cash 520
H. The company collected $1,269 cash as partial payment
Cash 1269
Receivables 1269
I. The company paid a $1,000 cash dividend to the owner
Retained earnings 1000
Cash 1000
Answer:
a. False
Explanation:
A "primary transaction" refers to the selling of <em>new stocks and bonds</em> for the first time towards the public. A great example of this is the "Initial Public Offering" <em>(IPO)</em> which allows "public share issuance."
On the other hand, a "secondary transaction" refers to the<em> trading of investors among themselves.</em> There is no involvement of the issuing companies here. So, this means that if an investor uses the services of a broker to buy and sell stocks that are currently being traded in the stock market,<u> the transaction</u><u> doesn't directly involve the issuing compan</u><u>y.</u> This kind of transaction is then called "secondary."
So, this explains the answer.
Answer:
At year-end, factory overhead is $21,000
Explanation:
Predetermined overhead rate = (Estimated overhead costs/Estimated direct labor costs)
Predetermined overhead rate = ($404000 / $2020000) = 20%*Direct labor costs
Hence, Applied overhead costs= (20% * $1,810,000)
Applied overhead costs=$362000.
Hence balance in factory overhead account at year end = $383,000 - $362,000
=$21,000.
