In the month of June, a department had 7,000 units in beginning work in process that were 90% complete. During June, 14,000 units were transferred into production from another department. At the end of June there were 1,000 units in ending work in process that were 30% complete. Materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process. How many units were transferred out of the process in June

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?