Answer:C
Explanation: this quantity is allocatively inefficient because the marginal cost of producing the last lawnmower exceeds the marginal benefit to consumers.
The total cost of equipment that should be recorded is calculated by adding up all the given values in this item. The costs include equipment cost, transportation cost, tax, and installation cost. Adding up all the values,
TC = ($60,000) + ($1,000) + ($3,000) + ($2,500)
TC = $66,500
ANSWER: TC = $66,500
Answer: halo error
Explanation: In simple words, halo error refers to the mistake or bias that occur in the performance evaluation when someone evaluates other on the basis of their personal perception and not on the basis of the performance done by that individual.
In the given case, Letitia is evaluated above than others although she sells lesser volume than others. This happens due to the perception of her supervisor that customer service is more important.
Answer:
(a) $1,760
(b) $1,100
Explanation:
Given that,
Skysong, Inc. made three purchases of merchandise:
(1) 320 units at $5
(2) 420 units at $7
(3) 520 units at $8
Units on hand at the end of the period = 220
(a) Under FIFO method,
cost of ending inventory:
= Units on hand at the end of the period × $8 (From the last purchase)
= 220 × $8
= $1,760
(b) Under LIFO method (Comprise units from the first purchase),
cost of ending inventory:
= Units on hand at the end of the period × $8 (From the first purchase)
= 220 × $5
= $1,100
The two key takeaways from using auto-drafting to pay your bills are:
- Payment is faster.
- There is less hassle making payments for multiple bills.
<h3>What is Auto Drafting?</h3>
This refers to setting up of periodic payments for a particular set of bills which deducts an amount from a checking account.
Some of the advantages of making use of auto-drafting to pay your bills includes:
- Easier automatic payment.
- Ability to avoid late payments.
- No need to set reminders, etc
Read more about auto drafting here:
brainly.com/question/24579126
