Answer:
Total manufacturing cost will be $291500
Explanation:
We have given work in progress inventory on December 31 of current year is $44000
It is given that work in progress inventory is increased by 60% during the year
So in beginning work in progress inventory
$
We have given cost of goods manufactured = $275000
Cost of goods manufactured = work in progress inventory + total manufacturing costs incurred - Ending work in progress inventory
So 275000 = 27500 + total manufacturing costs incurred - 44000
Total manufacturing costs incurred = 275000 - 27500 +44000 = $291500
Answer: increase; decrease.
Explanation:
Price fixing is a situation that occurs when two companies come together and form an agreement whereby the price of a particular goods or services will not be sold below that particular price.
When two firms producing substitutes agree to fix prices, then their prices will increase and when two firms that are producing complements fix prices, then their prices will reduce.
I'd say since my mother went to Franciscan university for the same reason I'd try that one.
Answer:
The correct answer is A
Explanation:
Interior solution is the solution or a choice which is to be made through an agent and that could be characterized as an optimum which is located or situated at the tangency of two curves on the graph.
The utility maximization of the consumer states or defines that the consumer decide or take decision to allocate the incomes so that the last dollar amount which is spent on each and every product bought yields the same amount of the additional marginal utility.
Therefore, the interior solution to the utility maximization of the consumer problem states that the consumer consuming the optimal amounts of all the goods.