Read, inc. instituted a new process in october 2008. during october, 10,000 units were started in department a. of the units started, 8,000 were transferred to department b, and 2,000 remained in work-in-process at october 31, 2008. the work-in-process at october 31, 2008, was 100% complete as to material costs and 50% complete as to conversion costs. material costs of $27,000 and conversion costs of $36,000 were charged to department a in october. what were the total costs transferred to department b assuming department a uses weighted-average process costing? a. $46,900b. $53,600c. $56,000d. $57,120

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)