Answer:
Incremental B/C = 0.72
∴ 0.7, East should be constructed
Explanation:
See workings attached
LIFO uses the last unit costs for Cost of Goods Sold on the income statement and the first unit costs for Inventory on the balance sheet.
<h3>What is LIFO?</h3>
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
For example, if beginning inventory consists of 10 units at $10 per unit. In the middle of the month, 10 units were bought at $15 per unit. At the end of the month, 10 units were sold. Using LIFO, the cost of goods sold would be $150 ( 10 x 15). Ending inventory would be $100 ($10 x 10).
To learn more about LIFO, please check: brainly.com/question/13779572
Answer:
$25 per batch
Explanation:
Combined final sales value:
= Sales value of refined sugar + Sales value of industrial fiber
= $65 + $65
= $130
Financial advantage:
= Combined final sales value - Further Processing - sugar beets costs - Cost to Crush
= $130 - ($17 + $21) - $54 - $13
= $130 - $38 - $54 - $13
= $25 per batch
Therefore, the financial advantage (disadvantage) for the company from processing one batch of sugar beets into the end products industrial fiber and refined sugar is $25.
The policy that lowers production costs and helps domestic producers to compete with imports are <u>D. subsidies. </u>
<h3 /><h3>What are subsidies?</h3>
This is a government policy where the government pays for some of the costs of production for local firms.
This allows the local firms to then sell their goods at a lower price so that they can compete with cheaper imports.
Options for this question include:
A. tariffs
B. custom duties
C. tariff rate quotas
D. subsidies
Find out more on subsidies at brainly.com/question/6945210.
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