the awnser to your question is most definently false
After reading the problem where states the cost of making killer whales. In order to understand this much better it would be necessary to make a table showing the total cost and average total cost of the production. It might help you better understand the production of false killer whales.
I hope this helps, Regards.
The production of fake killer whales exhibits economies of scale, due to the significant decrease in cost per unit after the initial investment for the mold.
Based on the provided information, the production of fake killer whales exhibits characteristics of economies of scale. Economies of scale is a concept in finance and economics referring to the cost advantage that a business obtains due to expansion. In this instance, there's a high initial cost ($16,000) for producing the first fake whale, mainly because of the cost of creating the mold. However, once that mold is created, it can be reused to produce additional whales at a lower cost ($5,000).
Therefore, the cost per unit decreases with each additional whale produced, which is a key characteristic of economies of scale. Businesses usually try to achieve economies of scale to reduce their average cost and to increase their profitability. This method is especially effective when production involves a high fixed-cost component (like the mold in this case).
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Answer:
A is the correct option.
Explanation:
Green living means the way of life which contributes to maintaining the natural ecological balance in the environment. It is also related to preserving the planet, its natural systems and resources.
The various things one can do for living a given life includes reducing pollution, conservation of natural resources, recycling the non-biodegradable products, planting more trees on vacant and wastelands and contributing in maintaining the ecological balance on earth.
For organizations, going green helps them to cut costs by conserving energy and resources, saving water and electricity, sending unwanted items for recycling, purchasing recycled products
Supplies expense includes $200 of supplies that are still on hand at July 31.
Depreciation on equipment of $150 was omitted.
Accrued but unpaid wages at July 31 of $300 were not included.
Services provided but unrecorded totaled $500.
Instructions
Complete the correct income statement for July 2010. (List amounts from largest to smallest eg 10, 5, 3, 2.)
Benning Co.
Income Statement
For the Month Ended July 31, 2010
Revenues
Service RevenueAccrued RevenueDepreciation ExpenseSupplies ExpenseEquipmentSuppliesUtilities ExpenseWages ExpenseUnearned RevenueAccumulated DepreciationInsurance ExpenseWages PayablePrepaid Insurance $
Expenses
Wages PayableInsurance ExpenseSuppliesUtilities ExpenseAccumulated DepreciationWages ExpenseService RevenueUnearned RevenueDepreciation ExpenseAccrued RevenueSupplies ExpenseEquipmentPrepaid Insurance $
Prepaid InsuranceAccrued RevenueInsurance ExpenseService RevenueWages PayableEquipmentSuppliesUnearned RevenueAccumulated DepreciationUtilities ExpenseDepreciation ExpenseSupplies ExpenseWages Expense
Utilities ExpenseEquipmentDepreciation ExpenseWages PayableService RevenueSupplies ExpenseUnearned RevenueAccrued RevenueInsurance ExpenseWages ExpensePrepaid InsuranceSuppliesAccumulated Depreciation
Accrued RevenueAccumulated DepreciationUtilities ExpenseEquipmentDepreciation ExpenseUnearned RevenueWages ExpenseWages PayableSupplies ExpensePrepaid InsuranceInsurance ExpenseService RevenueSupplies
Wages PayableWages ExpenseSupplies ExpenseService RevenueUtilities ExpenseAccumulated DepreciationPrepaid InsuranceUnearned RevenueSuppliesAccrued RevenueEquipmentDepreciation ExpenseInsurance Expense
Answer:
Net Income = $1,250
Explanation:
Benning Co.
Income Statement
For the Month Ended July 31, 2010
Particulars $ $
Revenues 6,000 (1)
Expenses:
Wages Expense 2,600 (2)
Supplies Expense 1,000 (3)
Utilities Expense 600
Insurance Expense 400
Depreciation Expense 150
Total expenses 4,750
Net Income $1,250
Note:
1. Revenues =5,500 + 500 (Adjustment 5) = $6,000
Performed services not recorded will add.
2. Wages expense = $2,300 + 300 (Adjustment 3) = $2,600
Accrued wages not paid will add to the wages expense.
3. Supplies Expense = $1,200 - 200 (Adjustment 2) = $1,000
Supplies expense includes supplies on hand will decrease the supplies expense.
Answer:
salutation
Explanation:
The option that is NOT considered an additional cost beyond tuition for higher education is Academic counseling.
The other options, such as textbooks and supplies, room and board, and transportation, are all additional costs typically associated with higher education.
In contrast, academic counseling is considered a core service that is provided by colleges and universities to support student success. This service is typically included in the cost of tuition and is not viewed as an additional expense beyond tuition.
Academic counseling services may include academic advising, career counseling, and other types of support to help students succeed in their academic pursuits.
While academic counseling may not be considered an additional cost beyond tuition, it is a valuable service that can help students succeed in college and beyond.
By providing students with the support they need to achieve their academic and career goals, academic counseling can help students make the most of their college experience and prepare for success in their future careers.
To learn more about career, refer below:
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The answer is true. Hope this helps! :)