Answer:
In which of the following situations would each of the members be responsible for producing an equal share of the total amount of output sold by the cartel engaged in joint profit maximization?
When marginal costs of production are the same for each of the members of the cartel.
Explanation:
D
Answer:
is that reservation is the act of reserving, withholding or keeping back while installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different
Answer:
If the company is going to use the machine for 20 days, it is cheaper to lease it.
Explanation:
Giving the following information:
The cost to purchase is $10,000 plus $100 per day to operate or $500 per day to lease
<u>First, we need to structure the total cost formula for each option:</u>
Purchase= 10,000 + 100x
x= number of days
Lease= 500x
x= number of days
<u>Now, we can determine the total cost for 20 days:</u>
Purchase= 10,000 + 100*20= $12,000
Lease= 500*20= $10,000
If the company is going to use the machine for 20 days, it is cheaper to lease it.
Answer:
Rochester Corp
Increase
Reedsburg Investments
No effect
Explanation:
Rochester Corp will Increase and Reedsburg Investments will show No effect
Therefore Rochester Corp. should go ahead and use the fair-value method in order to account for its own investment in LaCrosse.
This means the dividend would increase the net income while the Payment of dividends would tend to Increase the investment account on Reedsburg’s balance sheet, but will have or shown no effect on its income statement.
Answer:
Total units accounted by the Mixing Department: 46,000
Explanation:
Equivalent Units of Production (EUP): Completed Units + Ending WIP Units
Units Completed and Transferred: 40,000
Ending Work-in-Process Inventory: 6,000
Equivalent Units of Production (EUP): 40,000 + 6,000 = 46,000
