The Evangeline Company makes two products, X and Y, from a common input, Z. In March, Evangeline used30,000 pounds of Z to make 20,000 pounds of X and 10,000 pounds of Y. The cost of Z was $1.00 perpound and X and Y can be sold for $7.50 and $10.00, respectively; Evangeline incurred additionalprocessing costs of $30,000 to further process X and $20,000 to further process Y. Using the net realizablevalue method, how much of the cost of Z should be allocated to X?a. $16,000b. $18,000c. $20,000d. $22,000e. None of these

Suppose the number of firms you compete with has recently increased. you estimated that as a result of the increased competition, the demand elasticity has increased from –2 to –3 (i. e., you face more elastic demand). you are currently charging $10 for your product. what is the price that you should charge if demand elasticity is -3?

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates