When marginal revenue is equal to the marginal cost, then the firm should increase the level of production to maximize its profit.
Marginal revenue simply means the increase in revenue that a company makes as a result of selling an additional output of good. Marginal cost is the cost that a company incurs for production of one extra unit of good.
It should be noted that when the marginal cost if a firm is more than the marginal revenue, it means that the firm is producing too much.
When the marginal revenue of the firm equals the marginal cost, then the firm should maximize its profit.
The correct option is A.
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Answer:
156.6%
Explanation:
Given:
Cosi Company's Incurred over head for the next period = $830,000
Expected labor hours = 53,000
Cost of labor = $10.00 per hour
Thus,
Total labor cost = 53,000 × $10.00 = $530,000
Now,
the Cosi Company's predetermined overhead rate will be calculated as:
Predetermined overhead rate = Incurred overhead / Total labor cost
on substituting the respective values, we get
Predetermined overhead rate = ( $830,000 / 530,000 ) = 1.566
or
Predetermined overhead rate = 1.566 × 100% = 156.6%
When a lender checks the credit score of Jason for an auto loan, they would most likely notice that <u>b. He </u><u>paid off </u><u>a</u><u> car loan </u><u>after making</u><u> every payment</u><u> for 4 years. </u>
Lenders checking credit scores:
- Usually pay more attention to related loans
- Only bother with the credit score of the person in question not their relatives
The loan is for a car or an automobile of some sort so the lender will be looking for related loans in Jason's history. They will therefore most likely notice the car loan that was paid off.
In conclusion, a lender for an auto loan will most likely notice an auto loan history.
Options for this question include:
a. His savings account has more than $3000 in it
b. He paid off a car loan after making every payment for 4 years
c. When he stopped paying his credit card for 3 months 9 years ago
d. The credit scores of his family, including his parents and his wife if he is married
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5 years long does a developer keep a receipt of having given a public report to the buyer.
A developer is an individual that builds and creates software and applications. He or she writes, debugs, and executes the source code of a software application. A developer is also known as a software developer, computer programmer, programmer, software coder, or software engineer.
A developer – also known as a programmer, coder, or software engineer – is an IT professional who uses programming languages to create computer software. What do software developers do? Developers write, test, debug and maintain applications. Developer roles can vary widely depending on the type of organization.
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Answer:
E. None of these answer choices are correct.
Explanation:
Upon receipt of the advance payment from Cactus Jack, Nike should debit its Cash Account and credit Deferred Revenue by $300,000. When the equipment is delivered to Jack and the additional $100,000 is received, the Deferred Revenue account is debited with $300,000 while the Sales Revenue is credited with $400,000 with additional debit to the Cash Account of $100,000.
