Answer:
The total number of equivalent units for materials during the period is $55,000
Explanation:
The computation of the total number of equivalent units for materials during the period is shown below:
= Completed and transferred out units + ending work in progress units
= 50,000 units + 5,000 units
= 55,000 units
We simply added the Completed and transferred out units and the ending work in progress units to compute the equivalent units for materials
Answer:
The key economic idea being exemplified is c) People are rational
Explanation:
The economists’ assumption is that firms and consumers utilize all available information to attain their goals and weigh all costs and benefits of each action taken. Moreover, firms and consumers only choose an action if the benefits exceeds the costs. Therefore, the action of manufacturing firms to move their operations from overseas back to the US due to the increased preference for US manufactured goods exemplifies that consumers and firms rely on all available information when pursuing their goals.
Answer:
roses are red violets are blue suger is sweet but why arent you
