Answer:
well if it's dull books, shouldn't it be vocabulary. if it were concentrated she would be bored and her mind would wander elsewhere. but if it were vocabulary she would still find it dull. As if it were a dictionary, nobody wants to spend 5 hours reading every word in the dictionary
Answer:
a. The total profit would be positively affected as it increases
Explanation:
1. We calculate the value of revenue per 8000 gallons with the initial chemical compound and processed into the new variant
Revenue Initial Chemical Compound= 8000 gallons X ($52/gallon)
Revenue Initial Chemical Compound=<em><u> $ 416.000</u></em>
Revenue Chemical compound processed into the new variant=8000 gallons X ($83/gallon)
Revenue Chemical compound processed into the new variant= <u><em>$ 664.000</em></u>
2. If we consider that the other production costs will be the same for the two chemical compounds, then the only difference will be the processing cost to refine the basic compound into the new variant. For this reason, we substract only the value of processing the basic compound into the new variant for the revenue of this.
<u><em>$ 664.000 - $160.000= $504.000</em></u>
3. The benefit values for each case are:
Initial Chemical Compound: $416.000
Chemical compound processed into the new variant: $504.000
In conclusion, greater benefit is obtained by processing the basic compound in the new variant than if the basic compound were sold only
Answer:
The June 30, 2020, inventory at the June 30 price level under the dollar-value LIFO retail method:
$65,318.40
Explanation:
a) Data and Calculations:
June 30, 2020 Inventory = $60,480 at retail
Ratio of cost to retail = 68%
Inventory at cost = $41,126.40 ($60,480 * 68%)
General price level increase from 100 to 108
Inventory at the June 30 price level under the dollar-value LIFO retail method:
Inventory at cost = $44,416.50 ($41,126.40 * 108/100)
Inventory at retail = $65,318.40 (44,416.50/68%)
The price paid to each factor adjusts to balance the supply and demand for that factor. Because factor demand reflects the value of the marginal product of that factor, in equilibrium, each factor is compensated according to its marginal contribution to the production of goods and services.
<h3><u>
Explanation:</u></h3>
The incremental profit that is being earned for an additional single unit by subtracting the price of the product and all the variable cost that is associated with that product is the marginal contribution. It is the earnings that is obtained in total for paying all fixed expense and also for the profit generation.
The price that is spent for the every factor in order to adjust balancing the supply and demand of that particular factor. This is because of the reason that, the value of the marginal product of any factor is controlled by the demand factor. Thus in an equilibrium state there will be a compensation of each factor based on the marginal contribution to the production of goods and services.
