Submit Test s
2
Next →
Post Test: Economic Concepts and Principles
2
Select the correct answer.
John wants to add an employee to his event management crew. What is the marginal cost of this decision?
O A. the total revenue created by the new member
OB.
the salary to be paid to the new member
Oc. the salary paid to the existing crewmembers
OD. the total salary paid to the crew and the new member
OE.
the total cost of the entire event
Reset
Neait

142"what is the value of n? soefon11402bebe99918+19: 00esseeshop60-990 0esle

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.