Ijust need somebody to check my test for me .. and if i got some wrong explain why ? to anyone for the i really appreciate it. [03.01] margaret rousseau developed techniques to mass-produce cookies. penicillin. ammunitions. beauty products. question 40 (multiple choice worth 2 points) [03.01] an entrepreneur is best defined as a person who starts a business. is a role model for young americans. manages the finances of a large corporation. takes financial risk to try new business ideas.

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer