Business, 01.04.2020 18:51 nickeymcorrea
The xyz company is a profit-maximizing firm with a monopoly in the production of pennants. the firm sells its pennants for $10 each. we can conclude that the xyz company is producing a level of output at which: select one:
a. average total cost equals $10.
b. average total cost is greater than $10.
c. marginal revenue equals $10.
d. marginal cost equals marginal revenue.
Answers: 3
Business, 22.06.2019 23:00, kobiemajak
Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is:
Answers: 1
Business, 23.06.2019 02:10, jljhenkel
Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.
Answers: 1
The xyz company is a profit-maximizing firm with a monopoly in the production of pennants. the firm...
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