Use the Following Information to Answer the Following Questions

question 112

Multiple Choice

Use the following information to answer the following Questions
Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of enrollment:


-The marginal cost when the twenty-first student enrolls in the school is:

• A) $55.
• B) $155.
• C) $300.
• D) $3,045.
• E) $3,255.

Recognize the roles and strategies for writing conclusions and recommendations.

Acknowledge the importance of proper document formatting, including lists and tables.

Appreciate the necessity of starting the report composition process with relevant sections.

Recognize the imperative of specifying limitations within a report.

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Definitions:

Physical Count

The process of manually counting and verifying the actual inventory in a business at a specific point in time.

Weighted Average Inventory Valuation

A method for valuing inventory by calculating the average cost of all inventory items, weighted by the quantities of each item.

Perpetual Inventory System

An accounting method that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Sales Revenue

The total income received by a company from its sales of goods or services, before any expenses are subtracted.