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3 years ago

What is economical of scale?

Business

1 answer:

Vikki [24]3 years ago

7 0

Economy of scale is a proportionate saving in costs gained by an increased level of production

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Rajan Company's most recent balance sheet reported total assets of $2.10 million, total liabilities of $0.70 million, and total

andrew11 [14]

Answer:

0.5.

Explanation:

Assets - Liabilities = Owner's Equity.

As the name states, the debt to equity ratio is simply obtained by dividing total debt (liabilities) by the total equity, total assets should not be included:

$DER = \frac{0.70}{1.40} =0.5$

Rajan Company's debt to equity ratio is 0.5.

4 0

3 years ago

Henson company applies overhead on the basis of 120% of direct labor cost. job no. 190 is increased with $140,000 of direct mate

DaniilM [7]

The total manufacturing costs for the Job No. 190 is 470,000. To get its direct labor cost, which is the basis of the Henson Company in applying its overhead at the rate of 120%, we need to divide the manufacturing overhead of $180,000 by the rate 120% to get the direct labor cost of 150,000. (180,000/210% = 150,000). To get the total manufacturing cost, you need to add the:direct materials- 140,000direct labor- 150,000manufacturing overhead- 180TOTAL= 470,000- this is the total manufacturing costs (Job No. 190)

8 0

4 years ago

Opportunity costs are a large factor in individual decision-making. Please sort the statements according to whether or not they

uranmaximum [27]

Answer:

Has an opportunity cost

Having a "lazy afternoon" VS Working an 8 hour shift VS
Cooking dinner VS Eating out
Reading you favorite book VS Catching up with an old friend

Explanation:

Opportunity costs refer to the extra costs or benefits lost associated with choosing one activity or investment over another alternative. In other words, every activity that you carry out includes the opportunity cost of not doing something else. No matter what we do, we could be doing something else.

4 0

3 years ago

The _____ was established by Congress to encourage American firms to focus on quality improvement in order to improve their glob

V125BC [204]

Answer:

The correct answer is: Baldridge Performance Excellence Program.

Explanation:

To begin with, the "Baldridge Performance Excellence Program" is the name given to the program that was established by the United States of America in order to encourage the companies of the country to improve their performance regarding the economy and the globalization that was happening at the time the program was created. It receives its name from the ex secretary of commerce Malcom Baldridge and the award gives to the company selected the recognition of having performance excellence in the its field

5 0

3 years ago

Falcon Co. produces a single product. Its normal selling price is $26 per unit. The variable costs are $16 per unit. Fixed costs

xxTIMURxx [149]

Answer:

Effect on income= $10,290 increase

Explanation:

Giving the following information:

Falcon can handle the special order, and for this order, a variable selling cost of $2 per unit would be eliminated.

Because it is a special order that would not affect current sales, we won't take into consideration the fixed costs.

To calculate the effect on income, we need to use the following formula:

Effect on income= Number of units sold*unitary contribution margin

Effect on income= 1,470*(21 - 14)

Effect on income= $10,290 increase

6 0

3 years ago