What is the term for the daily activity of handling economic resources and planning for future economic goals?

Exercise 16-05 a-b (Video) In Waterway Company, materials are entered at the beginning of each process. Work in process inventor

____ [38]

Answer:

(a) Total units for January = 14,200

Total units for May = 23,260

(b). Conversion cost for :

January = 13,053

March = 13,660

May = 21,688

July = 11,212

Explanation:

As per the data given in the question,

1)

Jan. May

Units to be accounted for

Beginning WIP 0 0

Started into production 14,200 23,260

Total number units 14,200 23,260

Units accounted for

Transferred out 11,100 15,400

Ending WIP 3,100 7,860

Total units 14200 15400

2)

We can calculate the conversion cost by using following formula:

Conversion cost = Transferred out unit + (Work in process unit × conversion cost)

Material Conversion cost

Jan. 14,200 13,053 (11,100 + 3,100 × 63%)

Mar. 15,700 13,660 (12,300 + 3,400 × 40%)

May 23,260 21,688 (15,400 + 7,860 × 80%)

July 12,400 11,212 (10,200 + 2,200 × 46%)

7 0

3 years ago

Georgina consumes only grapefruits and pineapples. Her utility function is U (x comma y )equals x to the power of 0.8 end expone

vlabodo [156]

Answer:

21

Explanation:

Given that:

The utility function U(x, y) = $x^{0.8} y^{0.2}$

The budget line income is:

105=4x +3y

The equation MRTS is:

$\dfrac{MU_x}{MU_y } =\dfrac{ Px}{Py}$

where;

$MU_x(x,y) = 0.8 \times x^{0.8-1}\times y^{0.2} \\ \\ \implies 0.8 \times x^{-0.2}\times y^{0.2}$

$MU_y(x,y) = 0.2 \times x^{0.8}\times y^{0.2-1} \\ \\ \implies 0.8 \times x^{0.8}\times y^{-0.8}$

and:

$P_y= 3$

$P_x = 4$

∴

Using the equation MRTS:

$\dfrac{MU_x}{MU_y } =\dfrac{ Px}{Py}$

$\dfrac{ 0.8 \times x^{-0.2}\times y^{0.2} }{0.8 \times x^{0.8}\times y^{-0.8}} = \dfrac{4}{3}$

$\dfrac{4y }{x} = \dfrac{4}{3}$

4x = 12y

x = 12y/4

x = 3y

Replacing the value of x into the budget line income, we have:

105 = 4x + 3y

105 = 4(3y) + 3y

105 = 12y + 3y

105 = 15y

y = 105/15

y = 7

Then, from x = 3y

x = 3(7)

x = 21

Thus, she will consume 21 gapefruits

5 0

3 years ago

Which of the following is/are tactics used by interest groups to influence public opinion? Publicizing voting records of members

Shalnov [3]

Answer:

Publicizing Voting Records and Publishing Research.

Explanation:

As they seek to influence the public opinion and not the government in this question, lobbying would be out as it is a tactic to influence congress members directly and not the public. Publishing voting records could be a valid tactic if said vote records were in favor of the group interest. Funding and publishing research is a valid tactic as well because it serves as a platform to get facts and data to the public, influencing its decision (in the scenario a research findings benefits the interest groups vision, obviously).

3 0

3 years ago

Hi welcome to D.A.B.S aka Da Amazing Bunker Sim

olga nikolaevna [1]

Hi hehehe fjejsjanjaanak

8 0

3 years ago

Read 2 more answers

You have ordered a black sweater from an Internet source but received a pink one instead. The website states that there are no r

kirza4 [7]

<h2>The contract is invalid.</h2>

Explanation:

An online though it has some cons like "cannot touch and feel, color may slightly vary from the original to the picture given, quality cannot be measured, etc".
But the scenario given here is the expected / ordered color is different from the received one and it is wrong that the website is not accepting.
This website is not user-friendly and the fault from the website side is not accepted which once again re-insist the unfriendliness.
Any website should allow the user to do easy exchange and returns because of various reason said in point no.1.
If the website continues with same invalid contract, then it will lose its name and lose the customer too.

6 0

3 years ago