Utilizing the revenue journal below, journalize the following five transactions of porshe creations:

(a) on march 20, porshe sells 25 cell phone covers to xtreme at $4.50 per cover on invoice 887.

(b) on march 21, porshe sells 5 cell phone covers to sidekick for $7.50 per cover on invoice 908.

(c) on march 22, porshe sells 18 cell phone covers to rock-on at $4.25 per cover on invoice 938.

(d) on march 26, porshe sells 200 cell phone covers to micro at $3.75 each on invoice 959.

(e) on march 29, porshe sells 6 cell phone covers to charmers for $8.35 each on invoice 997.

You are the manager of a firm that produces output in two plants. the demand for your firm's product is p = 20 − q, where q = q1 + q2. the marginal costs associated with producing in the two plants are mc1 = 2 and mc2 = 2q2. how much output should be produced in plant 1 in order to maximize profits?

You are an employee of an u. s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u. s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u. s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?

Which of the following is not an example of one of the four mail advantages of prices on a free market economy