A company provided the following information for the year: Raw materials inventory, January 1 20,000 Selling and administrative expenses 210,000 Raw materials inventory, December 31 10,000 Factory depreciation 180,000 Work in process, January 1 6,000 Indirect labor 45,000 Work in process, December 31 9,000 Factory utilities 75,000 Finished goods, January 1 16,000 Direct labor 200,000 Finished goods, December 31 20,000 Raw materials purchases 400,000 Direct materials used are: a. $390,000 b. $420,000 c. $410,000 d. $430,000

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery

Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility. output for facility 1: output for facility 2: c. determine the profit-maximizing price.$