New attempt is in progress. some of the new entries may impact the last attempt grading. your answer is partially correct. identify the element or elements associated with these items. items the element (a) arises from peripheral or incidental transactions. select an element (b) obligation to transfer resources arising from a past transaction. select an element (c) increases ownership interest. select an element (d) declares and pays cash dividends to owners. select an element (e) increases in net assets in a period from nonowner sources. select an element (f) items characterized by service potential or future economic benefit. select an element (g) equals increase in assets less liabilities during the year, after adding distributions to owners and subtracting investments by owners. select an element (h) arises from income statement activities that constitute the ent

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is: