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3 years ago

Why would a business replace human capital with physical captain

Business

1 answer:

BigorU [14]3 years ago

5 0

Answer:

A business would replace human capital with physical capital to achieve economies of scale.

Explanation:

Economies of scale are cost advantages obtain when there is an increase in the output of the operation. As production rises there is more efficient to use robots or machinery than humans to produce any given product. The use of this machinery will need a big investment but in the long run the costs of production will decrease and there is easier to manage machines than humans.

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Sandpiper Company reported the following year-end amounts: Beginning Inventory $22,950 Net Cost of Purchases 101,250 Ending Inve

Andrej [43]

Answer:

Closing Inventory = $31050

Explanation:

The cost of goods sold is the cost of the inventory that the business sells during a period of time. The cost of goods sold is calculated as follows,

Cost of Goods Sold = Opening Inventory + Purchases - Closing Inventory

As we already have the values for Opening inventory, net cost of purchases and the cost of goods sold, we can input these values in the above formula to calculate the cost of closing inventory.

93150 = 22950 + 101250 - Closing Inventory

93150 = 124200 - Closing Inventory

Closing Inventory = 124200 - 93150

Closing Inventory = $31050

8 0

4 years ago

A perfectly competitive firm has total revenues equal to $360 when it produces forty units. what is the marginal revenue for the

Ket [755]

$9 is the marginal revenue for forty first unit.

The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns.

According to economic theory, firms that are completely competitive keep on producing goods until marginal revenue and marginal cost are equal. Multiple situations call for the usage of marginal revenue. Businesses examine the market's client demand for items using historical marginal revenue data. Additionally, they set the most effective and efficient pricing using the information. Last but not least, businesses rely on marginal revenue to better comprehend estimates; from this data, future production schedules, such as planning for material requirements, are then derived.

To learn more about Marginal Revenue here

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7 0

2 years ago

An accountant has encountered a perplexing financial reporting issue related to the private college for which he is preparing fi

frez [133]

Answer:

c) AICPA accounting and auditing guide, Audits of Colleges and Universities and/or AICPA SOP 74-8, Financial Accounting and Financial Reporting by Colleges and Universities.

Explanation:

As accounting and auditing guide which is issued by AICPA for health care 3 gives full guidance on how to deal with financial reporting issues for the hospital so the accountant would look into it for any problem related to it.

8 0

3 years ago

Sorry, I withdraw my question.

guajiro [1.7K]

Answer: >?

Explanation:

8 0

3 years ago

Read 2 more answers

Andrew has taken an electrical engineering program at the local community college. Before he applies for a license to install el

stellarik [79]

Answer:

I would say either B or C

Explanation:

It would make sense to become an apprentice so that you can learn how to really do it.
and it wouldn't be really professional to watch DIY videos but it would increase his knowledge

but for a more accurate answer i would say B

4 0

2 years ago

Read 2 more answers