Business, 31.03.2022 16:40, kristieroth1
Calculate ending inventory, cost of goods sold, gross profit under the method of Average-cost.
Average- cost per unit: 25.02
June 1 Beginning inventory (Q:40)(UC:$21)
June 4 Purchase (Q:135) (UC:24)
June 10 Sale (Q:110) (UC:51)
June 11 Sale return (Q:15) (UC:51)
June 18 Purchase (Q:55) (UC:27)
June 18 Pur. Return (Q: 10) (UC:27)
June 25 Sale (Q: 65 (UC: 57)
June 28 Purchase (Q: 35) (UC:31)
Answers: 1
Business, 22.06.2019 02:30, bellamore
Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do
Answers: 2
Business, 22.06.2019 11:00, cranfordjacori
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Business, 22.06.2019 11:10, addsd
Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.
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Calculate ending inventory, cost of goods sold, gross profit under the method of Average-cost.
Ave...
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