Answer:
Deductive arguments have unassailable conclusions assuming all the premises are true, but inductive arguments simply have some measure of probability that the argument is true—based on the strength of the argument and the evidence to support it
Explanation:
Answer:
B. $2 per unit
Explanation:
The computation of the price of Y is shown below:
As we know that the condition of the utility maximization i.e ratio of Marginal utility and the price should be matched and equal for both the goods given in the question
For one good
= Marginal utility ÷ price
= 40 ÷ $5
= 8
And, for the other goods
Marginal utility ÷ price = 8
16 ÷ Price = 8
So, the price is $2 per unit
Hence, the correct option is B.
Answer:
Conversion Costs per unit = $ $599,123/ 110080= $ 5.442
Explanation:
Conversion costs of $ $599,123
Units % of Completion EUP
D.M C.C D.M C.C
Units completed 106,000 100 100 106,000 106,000
<u>Ending Inventory 13,600 100 30 13,600 4080</u>
T<u>otal Equivalent Units Of Production 119600 110,080</u>
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Conversion Costs per unit = $ $599,123/ 110080= $ 5.442
Another way of finding out is through using the beginning inventory and the units started but as we do not have the % of completion for started units it cannot be computed.
Answer and Explanation:
Data provided
Initially anticipated closure costs = $2,000,000
The journal entry is shown below:-
Landfill Closure Liability Dr, $2,000,000
To Cash $2,000,000
(Being landfill closure liability is recorded)
Therefore we debited the landfill closure liability as it decrease the liability and we credited the cash as decreases the assets.
Answer:
See below.
Explanation:
Solve for bottles at $50:
10 × 50
$500 per week
Solve for bottles at $45:
11 × 45
$495
Mr. Porter would make more money by sticking with selling 10 bottles a week at $50 each. This is because the latter requires him to sell one extra bottle and he will still lose $5.