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Journal entry of credit sale with vat?
simpleParty A/c Dr. (inclusive of vat)sale A/c Cr. (exclusive of vat)Vat output Cr.
What costs increase as output increases?
It will depend on the type of output. In manufacturing, the cost of raw materials will go up as more items are produced. That is a linear change. The cost of overhead (Labor, utilities, etc.) will also go up, but tends to be at a lessor rate, increasing profit margin.
When total variable cost may increase variable cost per unit is constant or no?
Total variable cost can increase while the variable cost per unit remains constant if the total quantity of output produced increases. In this scenario, the variable cost per unit does not change, but since more units are being produced, the overall total variable cost rises. Conversely, if the output level stays the same, an increase in total variable cost would imply an increase in the variable cost per unit.
What is the difference between output vat and deferred output vat?
Deferred output tax is recorded by the seller for the sale of things on credit, and the standard output tax is recorded for the sale of things that were paid for with cash.
How calculate fixed cost from total cost and quantity?
Well if you're given the total cost of 0 units, then that would be your fixed cost as FC doesn't vary with any change in the total output produced (quantity).
When the market mechanism is allowed to operate freely prices will determine?
The mix of output to be produced, the resources to be used in the production process, and for whom the output is produced
What is output growth?
A growth in the total output produced.
What is the difference between output and out comes?
Output is what is produced. Outcomes are the result of the output
What is a good sentence for output?
The information produced by a computer is called output.
What do you mean by production function?
The relationship between the amount of input required and the amount of output that can be produced with the help of them is called the production function. It specifies the maximum output that can be produced with a given quantity of inputs for a given level of engineering or technical knowledge. Let, a firm produced only one type of output with two inputs (L, K). Thus, the general equation of this simple production function is Q=f(k, L)---------(i) Eqn (i) reads: the quantities of output is a function of or depends on the quantities of labor and capital used in production.
What is the average amount of watts produced by the human body in the form of heat output?
The average amount of watts produced by the human body in the form of heat output is around 100 watts.
What is a store of output that has been produced but not yet sold called?
iventory
What is the energy output of a supernova explosion?
The energy output of a supernova explosion is equivalent to the energy produced by the sun over its entire lifetime.
What is the difference between power output and energy produced?
Power output refers to the rate at which energy is produced or consumed, typically measured in watts or kilowatts. Energy produced is the total amount of energy generated or consumed over a period of time, typically measured in watt-hours or kilowatt-hours. Power output focuses on the rate of energy transfer, while energy produced looks at the total quantity transferred.
What method of output would be best for a resume?
Output refers to information that is produced by a computer or piece of software. The best method of output regarding a resume would be to print it on nice stock.
The measure of the amount of output produced over a specific period of time?
productivity .
What is all of the output produced by a firm?
Total Product
