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77julia77 [94]
3 years ago
14

Group price discrimination has ________ consumer surplus than under ________.

Business
1 answer:
makvit [3.9K]3 years ago
5 0

Answer:

The correct answer is letter "B": less; perfect competition.

Explanation:

Typically, <em>more output is produced in perfect competition markets than in markets ruled by price discrimination</em>. Consumer surplus is greater at the same time. Group price discrimination transfers the company some of the competitive consumer surpluses as an additional profit and causes the loss of deadweight due to reduced production.

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Sunspot Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes blended tropical fruit
ddd [48]

Answer:

A. Material 200,000

Conversion 170,000

B. Materials $ 1.80

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D. Cost of beginning work in process inventory $50,000

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Explanation:

A. Calculation for the Blending Department's equivalent units of production for materials and conversion in June.

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Add Conversion10,000

40,000 units × 25% complete

Equivalent units of production 170,000

B. Calculation for the Blending Department's cost per equivalent unit for materials and conversion in June.

Cost per equivalent unit:

Materials Conversion

Cost of beginning work in process $25,200 $24,800

Cost added during the period 334,800 238,700

Total cost $360,000 $263,500 (a)

Equivalent units of production

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Cost per equivalent unit (a) ÷ (b) $ 1.80 $ 1.55

Materials =($360,000÷200,000=$ 1.80)

Conversion=($263,500÷170,000=$ 1.55)

C. Calculation for the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June.

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Ending work in process inventory:

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Cost of ending work in process inventory $72,000 $15,500 $ 87,500

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Units transferred to the next department 160,00 160,000

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D. Preparation of a cost reconciliation report for the Blending Department for June

Cost of beginning work in process inventory $50,000

($25,200 + $24,800)

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3 0
3 years ago
You are thinking of building a new machine that will save you $ 2 comma 000 in the first year. The machine will then begin to we
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Answer:

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3 years ago
All of the following are basic requirements for a fulfilling career except:
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Answer:

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Explanation:

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Which of the following activities of a finance manager determines the types of assets the firm​ holds? A. analyzing and planning
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Answer:

Which of the following activities of a finance manager determines the types of assets the firm​ holds?

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