If the costs for direct materials, direct labor, and factory overhead were $522,200, $82,700, and $45,300, respectively, for 16,000 equivalent units of production, the conversion cost per equivalent unit was $8.00.

True or False

do you believe companies should spend a large amount of their budgets on management training? why or why not

Jackson Manufacturing Company had a beginning inventory of $30,000. During the year, the company recorded inventory purchases of $90,000 and cost of goods sold of $100,000. The ending inventory must equal:

Ikea is a very Sweden âcentric that is they like doing it the Swedish way, from the names of the furniture to the management of the company.

If the consumer is willing to pay a price higher than the actual price of a product, then the consumer will not buy the product because the consumer surplus will be negative. True / False.

Prior to its takeover by china in 1997, many hong kong chinese migrated to vancouver, canada. this illustrates the process of this type of diffusion.

On December 31, Treats Catering Inc.'s trial balance shows a $1,000 balance in the Supplies account. However, a physical count of the supplies determined that only $350 of supplies actually remain in the supply cabinet.

What is one way a company can work to build relationships with it's customers?

We have a separate country known as Lezette-ville. The GDP per capita in 2010 was $18,000 in 2010 dollars. While in 2018, the GDP per capita was $20,725 in 2018 dollars. The CPI in 2010 is 218 while the CPI in 2018 is 251.

You are a monopolist that sells textbooks to undergraduate students. Currently you sell 100 books at a price of $100 each, for revenue of $10,000. Each book is essentially costless to print, so you ignore costs and focus on maximizing revenue.

If caIn preparing the trial balance of the K&L's Bridal Service, the withdrawal account (which had a normal balance in the general ledger) was listed as a credit for $400.