Answer:
it is refered to as profit maximization condition
A mixed economy is <span>a system mixing private and public enterprises.</span>
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Answer:
$5,490
Explanation:
Computation for the equivalent units for conversion costs
To complete beginning work in process inventory 360
[400*(1-10%)]
Units started and completed 4,500 (4,900-400)
Ending work in process inventory 630 (900*70%)
Equivalent units for Conversion costs $5,490 units
Therefore the equivalent units for conversion costs is $5,490
Answer:
The efficient outcome would be greater than 150 units.