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Alex777 [14]
2 years ago
9

Suppose that for 10 bicycles, the total fixed cost is $100 and total variable cost is $300. Then the average fixed cost and aver

age variable cost are:
Business
1 answer:
Stells [14]2 years ago
7 0

The price one bicycle is $21

Explanation:

because 100÷10=0.1

and the total is 300$

300-100=20

20+0.1=20

answer is 21

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The following information is available for Department X for the month of August: Work in process, August 1:
Brilliant_brown [7]

Answer:

a. $8.00

Explanation:

The approach we will use to calculate cost per equivalent unit for conversion using weighted average method consists of the following stages:

1st stage: Add beginning (i.e start of August) conversion cost  with conversion costs incurred during August to get total conversion cost

2nd stage: Then divide total conversion cost upon equivalent units of production (units of production for conversion =5300).

Now, lets compute.

Total conversion cost = $15900+$26500

TCC=$42400

Cost per equivalent unit for conversion= $42400÷5300

CPEUC= $8

7 0
2 years ago
When the demand for the economy is expanding, the demand for loanable funds will ________.
nikklg [1K]

When the demand for the economy exist expanding, the demand for loanable funds will increase.

<h3>What is Demand?</h3>

The quantity of a good that consumers are willing and able to buy at various prices at a specific time period and location is known as the demand. The demand curve is another name for the relationship between price and quantity demand. Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame.

Loanable funds are all the resources that individuals and organizations in a given economy have chosen to set aside and lend to investors rather than use for their own needs. Savings are the source of the loanable funds available. It is predicated on borrowing that loanable funds are in demand. The real interest rate and the amount of loans made depend on how the supply of savings and the demand for loans interact.

Hence, When the demand for the economy exist expanding, the demand for loanable funds will increase.

To learn more about Demand refer to:

brainly.com/question/1245771

#SPJ4

7 0
1 year ago
According to the Federal Housing Finance Board, the mean price of a single-family home two years ago was $299,500. A real estate
Tems11 [23]

Answer: A.There is sufficient evidence to conclude that the mean price of a single-family home has increased from its level two years ago of $299,500

Explanation:

From the question, we are informed that according to the Federal Housing Finance Board, the mean price of a single-family home two years ago was $299,500 and that a real estate broker believes that due to recent credit crunch, the mean price has increased since then and the result is that the null hypothesis is not rejected.

The conclusion based on the results of the test is that since the null hypothesis has been rejected, it simply means that there are sufficient evidence that there has been an increase in the mean price since two years ago.

Therefore, option A is the correct answer.

3 0
3 years ago
The income statement shows the difference between a firm's income and its costs--i.e., its profits--during a specified period of
Aloiza [94]

Answer:

True.

Explanation:

‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.

The cash flow from operating activities is generally more than the net income after taxes.

The cash flow from operating activities includes only the cash transactions relating to the operations of the business. It ignores the non-cash transactions. On the other hand, net income is derived after deducting all the expenses (paid or unpaid) from the revenue earned, pertaining to a particular period.

Example: Depreciation expense is a non-cash transaction. It is treated as follows:

While calculating cash flow from operating activities, depreciation expense is ignored (added back to the net income) as it is a non-cash transaction.

On the other hand, depreciation expense pertaining to the accounting period is deducted from revenue to calculate net income after taxes.

Thus, the cash flow from operations is generally more than the net income after taxes.

5 0
3 years ago
When visiting your sister, you notice that her infant enjoys watching a mobile that hangs over his head. of the various objects
katovenus [111]
The big chainsaw is ur answer I bieleve
3 0
3 years ago
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