Answer:
b. $30
Explanation:
producer surplus = price producer able to sell - price producer would be willing to sell
⇔ price producer able to sell = producer surplus + price producer would be willing to sell = 53 + (10+12+15) = $90 for 3 lawn
if Ronnie charges all customers the same price for lawn mowing, that price is $30 (= $90/3)
Answer:
Yes, accept the special order.
Explanation:
Before Special Order After Special Order
120 units 160
Sales $8,400 $10,000
Less Variable Costs ($2,400) ($3,200)
Contribution $6,000 $6,800
Less Fixed Costs ($1,400) ($1,400)
Net Income $4,600 $5,400
Conclusion
As a result of special order, we have an additional profit of $800. Therefore, accept the special order.
Because it’s a big expense and there are monthly payments and weekly gas payments (depending on how much fuel/how often you drive the vehicle)
Answer:
Those that will be required to file a California return are; Matty,
Strieby, Kennedy and Jackson .
Explanation:
Those that will be required to file a California return are; Matty, Strieby, Kennedy and Jackson. From the question we are informed that all of the entities involved are operating unitary Business, which is the same concept followed by California. And we know that
Unitary business can be regarded as group of persons which are related and having interdependent business activities/operations. So in this case, single California return will be filled by the entities involved.
