Screening. This is the process of gathering a focus group, distributing the product and gathering the opinions of the group before selling the product
Answer and Explanation:
When the deposits with respect to new shale gas found in north dakota so there would be the both shifts i.e. long run aggregate supply and the short run aggregate supply
And on the other hand when the hot weather would lead to less crop in the midwest so there should be the shift in the short run aggregate supply
Therefore the same would be considered and relevant too
The answer for Equivalent units for the period will be calculated as follows under FIFO
1. Units from beginning work in process: calculate this as beginning work in process units x (100% – given % complete) to calculate the amount of additional work needed to make the unit 100% complete.2. Units in progress and completed this period: take the units x 100% complete since they were started and completed they have received all of their materials, labor and overhead and will not receive any more since they are finished.3. Units in Ending work in process: take the ending work in process units x a given % complete.
Solution by step:
Equivalent units = 1. (5,000 × 40%) +2. (31,000 – 5,000) (Since there is a beginning work in process deduct this from the units completed) +3. (2,000 × 80%)
= 2000 + 26000 + 1600
Answer = 29,600 units
Answer:
The marginal cost will most likely increase to $2.00
