Answer:
A $660,030
Explanation:
Total cost of units completed and transferred out = Units Completed and Transferred x Cost per Equivalent Unit
Therefore,
Total cost of units completed and transferred out = 117,000
Answer: $2.60
Explanation:
Based on the information given in the question, the maximum amount that the Cologne Division would be willing to pay for each bottle transferred would be the amount that the company can purchase the containers in the external market which is given in the question as $2.60.
That's the highest amount that they can but the containers for. Therefore, the answer is $2.60
Answer:
B) -1.5
Explanation:
Cross-price elasticity of demand is calculated by dividing the percentage change in quantity demanded of good A by the percentage change in price of good B.
cross-price elasticity of demand = change in demand of flank steaks / change in price of gas grills = 15% / -10% = -1.5
Answer:
Mark-up = 50%
Explanation:
Given the following data;
Selling price = 15 Pesos
Purchasing cost = 10 Pesos
To find the mark-up;
First of all, we would determine the profit;
Profit = 15 - 10
Profit = 5 Pesos
Now, we can solve for the mark-up using the formula below;
Mark-up = 50%
