Answer:
The equivalent units of production for the month is 11,850 units
Explanation:
The computation of the equivalent unit is shown below:
= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)
= (8,900 units × 100%) + (5,900 units × 50%)
= 8,900 units + 2,950 units
= 11,850 units
For computing the equivalent units,we have to consider both the units which are mentioned in the question.
Answer:
c) Having money left over after meeting your expenses
Explanation:
Surplus refers to having an excess of something. A surplus is when a person or a country has more of an item than they require.
From the choices provided, a surplus will be having money left over after meeting your expenses. This individual has more money than they need. The surplus amount is the remainder after meeting all the expenses. In business, excess money is saved or invested to generate more income. A country with surplus products exports to other countries.
Answer:the opportunity cost of growing another apple tree is 2 orange trees
Explanation:
Opportunity cost represents the value of cost what must be given up toin order to obtain the best alternative.
Here Farmer Brain has 3 acres of land that can support 10 apple threes on each acre, and 30 orange tree on best acre, 20 on good acre and 10 oranges on bad acre.
that means he can grows 30 apples on the 3 acres and 60 oranges at on the 3 acres. giving us
the opportunity cost of growing an orange tree is
60 oranges ( 30+20+10)trees= 30 apples tress
1 orange tree = 30/60
1 orange tree=1/2 apples
therefore the opportunity cost of growing an orange tree is half apple tree, Also the opportunity cost of growing an apple tree is 2 orange trees
Answer:
E) None of the above
Explanation:
In partnership, the partners earn profit. The salary allowances are considered as though paid to a third party and are considered before arriving at the net income.
As such, given that net income is $30,000 and is to be shared in the ratio 80:20 between Gary and Elaine respectively.
Elaine's share = (20/100) × $30,000
= $6,000
Their average wholesale price can be said to be competitive if it is below the all-company average wholesale price in that geographic region.
<h3>When is a price considered competitive?</h3>
- It means that the price is better than others in the market for a certain good or services.
- It is lower than the average price offered by other sellers.
The company is therefore charging a lower than average price which is why it is competitive with others because they will be forced to lower prices to maintain sales.
In conclusion, option A is correct.
Find out more on markets that allow competitive pricing at brainly.com/question/24877850.
