Answer:
The correct option is B
Explanation:
The short-run supply curve is the curve which shows or represent the marginal cost curve portion and that lies or stated above the average variable cost curve.
And when the prices of market increases, then the firm or organization will supply more of its products as per the law of supply.
So, the short-run supply curve represents the supplied quantity through all the firms in the market at each price but when every firm will plant and the number of firms will remain the same.
Answer:
There would be no under-applied or over-applied overhead since the overhead applied will be equal to budgeted overhead.
Explanation:
Overhead application rate is the ratio of budgeted overhead to budgeted activity level. Overhead applied is overhead application rate multiplied by actual activity level. Under/over-applied overhead is the difference between overhead applied and budgeted overhead.
Answer:
market/book ratio = 1.93
EV/EBITDA ratio = 15.01
Explanation:
market/book ratio = market price per share / book price per share
- market price per share = $27
- book value per share = $5,600,000,000 / 400,000,000 = $14
market/book ratio = $27 / $14 = 1.93
EV/EBITDA ratio = EV (enterprise value) / EBITDA
- enterprise value = market value of equity + total liabilities - cash & cash equivalents = $10,800,000,000 + $10,400,000,000 - $120,000,000 = $21,080,000,000
- EBITDA = $1,404,000,000
EV/EBITDA ratio = $21,080,000,000 / $1,404,000,000 = 15.01
Answer:
Average production cost= $20
Explanation:
<u>The product cost is the sum of direct material, direct labor, and allocated overhead. First, we need to calculate the total production costs:</u>
Total production costs= 50,000 + 36,000 + 14,000= $100,000
<u>Now, the average production cost:</u>
<u />
Average production cost= total costs / units produced
Average production cost= 100,000 / 5,000
Average production cost= $20
