suppose that a small company is thinking of putting plants in their lobby for employees to view and enjoy. since the plants are to be viewed by employees, the plants are non-excludable (it is infeasible to move a plant each time a specific individual walks by) and non-rival in consumption (if one worker looks at the plant, it does not prevent another from doing so as well). the company employs three workers: tim, tyler, and karl. the company is thinking about buying up to three plants, and wants to know how much workers would enjoy each plant. for tim, the first plant has a benefit of $31 per day, the second plant has a benefit of $19 per day, and the third plant has a benefit of $9 per day. for tyler, the first plant has a benefit of $26 per day, the second has a benefit of $13 per day, and the third has a benefit of $7 per day. for karl, the first plant has a benefit of $17 per day, the second has a benefit of $11 per day, and the third has a benefit of $3 per day. given that no one else will see the plants, no one else values the plants in the lobby. what is the marginal social benefit of the first plant?

Answers

Answer 1

The marginal social benefit of first plant will be $119.

What is marginal social benefit?

The happiness felt by consumers of a particular good plus or minus the overall environmental and social costs or benefits is known as the marginal social benefit. Marginal social gains, for instance, are greater than marginal private benefits if there are positive externalities of consumption. The marginal social benefits will, however, be lower than the marginal private benefits if negative externalities of consumption, such as pollution, are produced. A marginal advantage is the difference in benefits brought about by consuming one more unit of a good or service. The cost consumers are willing to pay for the extra unit of production typically determines it.

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Related Questions

in the long run, money demand and money supply determine a. the value of money but not the real interest rate. b. the real interest rate but not the value of money. c. the value of money and the real interest rate. d. neither the value of money nor the real interest rate.

Answers

Money supply and demand determine the value of money but not the real interest rate.

What is money demand?The amount of income, interest rates, inflation, and future uncertainty are some of the variables that have an impact on the desire for money.The equilibrium interest rate on the money market is in line with the interest rate realized on the bond market.The level of prices, the interest rate, and the actual gross domestic product all influence the requests for money. These three variables work together to determine how much of a person's wealth is held in interest-bearing assets and how much is held in cash and checking for daily expenses.A rise in the money supply will result in an increase in the overall demand for goods and services.

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Some of the jobs mentioned in the article didn’t even exist a dozen years ago, and new jobs are emerging every year. If you needed to incorporate such new roles into your organization, which basic building block would serve as your starting point?.

Answers

The basic building block that would serve as your starting point is designing job.

What is a design?

A design is a plan or specification for the creation of a system, an object, or the implementation of an activity or process, or the end result of that plan or specification in the form of a prototype, thing, or procedure. The action of designing describes how a design is created. The direct creation of an object without a clear preceding plan may occasionally also be regarded as a design effort. The design typically has to adhere to a set of objectives and restrictions; it could also take into account economic, socio-political, or functional factors; and it is anticipated to interact with a certain environment. Circuit diagrams, sewing patterns, architectural and engineering plans, and business process models are a few common types of designs.

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In the context of group cohesion, which of the following occurs when illegal actions are taken by overly zealous and loyal subordinates who believe that what they are doing will please their leaders?
A) social loafing
B) ollieism
C) role conflict
D) overbounding

Answers

In the context of maintaining group cohesion, ollieism happens when extremely enthusiastic and obedient followers behave illegally because they think it will make their superiors happy. So answer is ollieism .

Group cohesion: What is it?

The degree to which group members are drawn to the group and its objectives is known as group cohesiveness. Feelings of interpersonal compatibility, task dedication, and collective pride can all contribute to cohesion. It should come as no surprise that these qualities have been linked to improved team and group performance. Since team members are motivated to accomplish the team's objectives and feel at ease with one another, cohesion ought help foster innovation.

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Trucking llc enters into a contract to deliver a certain quantity of potatoes to united foods’s refrigerated warehouse in exchange for a specified payment. Trucking delivers the spuds to the location. United’s duty to pay is.

Answers

Trucking LLC signs an agreement to deliver a specific number of potatoes to United Foods' chilled warehouse in return for a specific sum of money. The spuds are transported there by truck. United is absolutely obligated to pay.

What is transport?

The movement of people, animals, and things between two places is referred to as transport. In addition to air, land (train and road), water, cable, pipeline, and space are modes of transportation. Infrastructure, transportation, and operations make up this field. Human trade is crucial for the growth of civilizations, and transportation makes it possible. Transport infrastructure includes both fixed installations, such as roads, railways, airways, waterways, canals, and pipelines, and terminals, such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fuelling docks and fuel stations), and seaports. The exchange of passengers and goods as well as maintenance activities can both take place at terminals. The various forms of transportation infrastructure that are used to move people or goods collectively are referred to as means of transport.

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accountants not only provide financial information to the firm, they multiple choice replace the firm's need for managers. provide information regarding competitors. assist in interpreting that information. design the computer information systems.

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Accountants not only provide financial information to the firm assist in interpreting that information.

What is Financial information?

Financial information refers to summary information about financial transactions that help investors understand a company's profitability, assets and growth prospects. Personal financial information, such as last month's bank statements and tax returns, helps banks understand customers' creditworthiness, ability to pay, etc.

Financial information is very expensive information. It shows the financial capacity of individuals. The lending institution therefore wants to receive information about the monthly income of individuals, so that they can pay the monthly payments of the given loan.

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credit memos from the bank group of answer choices show the bank has collected a note receivable for the customer are used to show a bank service charge show that a company has deposited a customer's nsf check decrease a bank customer's account

Answers

Option a.'s credit memos from the bank show that the bank has settled the customer's note receivable.

Credit notes or credit memos are terms used to describe business documents that are issued by sellers to buyers. Credit notes are used as a source document in the sales return diary. In other words, the credit note serves as evidence of a decline in sales.

A seller may offer a credit memo to reduce a customer's remaining debt from an earlier sales invoice. A different type of credit note or credit memorandum is issued by a bank when it increases a depositor's checking account for a specific transaction.

Vendors provide credit notes to make up for prior invoice errors, cover overpayments or cover the cost of returned products.

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ebook consider an investment with the following probability distribution: probability payoff 0.30 36.0 % 0.45 -4.0 0.25 -16.0 calculate the expected return. do not round intermediate calculations. round your answer to two decimal places.

Answers

According to the given information, The expected return of the invested amount is 5.8%

Expected return=Respective return*Respective probability

= (0.3 × 36)+(0.25 × -4)+(0.25 × -16)

= 5.8%

The profit or loss an investor anticipates on an investment with known historical return rates is known as the expected return. It is calculated by averaging the results of multiplying possible outcomes by their likelihood of occurring.The amount of profit or loss an investor can expect to experience as a result of an investment is known as the expected return.When calculating an expected return, potential outcomes are multiplied by the likelihood that they will occur before being added together.It is impossible to guarantee expected returns.The weighted average of the expected returns of each investment in a portfolio of investments determines the portfolio's expected return.

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although most buying decisions can be categorized on the basis of product cost, search and time effort, and brand preference, we sometimes buy things with no conscious planning, prompted by a powerful urge to buy something now. this is best described a

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We sometimes buy things with no conscious planning, prompted by a powerful urge to buy something now. this is best described by the most complex problem-solving behavior, which comes into play when a purchase involves unfamiliar, expensive, or infrequently bought products.

What is Complex problem-solving?

A series of observations and informed decisions are used to find and implement a solution to a problem in complex problem solving. Beyond finding and implementing a solution, complex problem solving entails anticipating powerful urge, future changes in circumstance, resources, and capabilities that may affect the process's trajectory and the solution's success. Complex problem solving also entails considering the solution's impact on the surrounding environment and individuals.

Steps for complex problem-solving:

Identify the problem and its causeConsider the impacts of the problemBrainstorm solutionsConsider the impacts of solutionsChoose the most optimal solutionImplement a planPrepare for changes

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which person is a victim of identity theft?

Answers

Thomas, whose credit card information was stolen and maxed out at a jewellery store.

The correct option is D.

What is the meaning identity theft?

When someone illegally obtains and utilizes another person's personal information in some way that includes fraud or deception, usually for financial advantage, it is referred to as identity theft or identity fraud.

What are identity theft's four effects?

When someone steals your identity, they essentially act in your place. They can then carry out a variety of actions in your name, such as opening up new credit card accounts, filing a false tax return, engaging in additional fraud, and more. This kind of victimization can make you feel violated, uneasy, and unsafe.

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The complete question is -

Which person is a victim of identity theft?

A-Suzie, whose e-mail was stolen and used to apply for a credit card from a major retailer

B-Michael, whose credit score was stolen and used to make a down payment on a home

C-Pam, whose smartphone was stolen and used to make a mortgage payment

D-Thomas, whose credit card information was stolen and maxed out at a jewellery store

a company had income of $500,000 based on variable costing. beginning and ending finished goods inventories were 100,000 units and 96,000 units, respectively. assume the fixed overhead per unit was $1.50 for both the beginning and ending finished goods inventory. the income under absorption costing is:

Answers

Under absorption costing, net income is d) $896,250.

In addition to direct materials, direct labor, and variable overhead costs, absorption costing is a method of inventory costing that includes the fixed manufacturing overhead cost as part of the product cost.Under absorption costing, the fixed manufacturing overhead is a product cost, whereas under variable costing, it is a period cost.

Absorption costing, also known as "full costing," is a managerial accounting technique for recording all product manufacturing costs.This method accounts for both direct and indirect costs like rent, insurance, direct labor, and direct materials.

What is the formula for absorption costing?

The formula for absorption costs is direct labor costs, direct material costs, variable manufacturing overhead, and fixed manufacturing overhead.

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the most common definition that monetary policymakers use for price stability is question content area bottom part 1 a. an inflation rate of zero percent. b. low and stable inflation. c. high and stable inflation. d. low and stable deflation.

Answers

The most common definition that monetary policymakers use for price stability is low and stable deflation.

Thus, the correct option is D.

What is deflation?

A decrease in the average level of prices for goods and services is referred to as deflation in economics.

When the inflation rate is less than 0%, deflation sets in. Over time, inflation lowers the value of money, whereas abrupt deflation raises it.

Deflation is sometimes a sign of an economy that is declining.

Deflation is feared by economists because it reduces consumer spending, a key driver of economic growth.

Companies slow down their output in response to lowering pricing, which results in layoffs and compensation reductions.

When the cost of products and services decreases, this is called deflation. Expectations of future price reductions make buyers wait.

Thus, demand declines and growth is slowed. Due to the fact that interest rates can only be lowered to zero, deflation is worse than inflation.

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Dimitri, a certified public accountant and an investor, and Elinor, an insurance salesperson and a realtor, may create an agency relationship for

a.
​a legal business purpose only.

b.
​any legal purpose.

c.
​no purpose.

d.
​any legal or illegal purpose

Answers

Dimitri may create an agency relationship for b. any legal purpose.

Exploring the Benefits of an Agency Relationship between an Accountant and an Insurance Agent

Agency relationships between an accountant and an insurance agent can offer many benefits and advantages to both parties. This relationship allows professionals to share resources, knowledge, and experience, helping them to improve their performance at work. An agency relationship can also provide both professionals with the opportunity to expand their reach and reach new customers.

An accountant and an insurance agent can work closely together to provide their clients with a wide range of financial solutions. The accountant can help the insurance agent better understand the accounting and legal aspects of the insurance products they offer, while the insurance agent can provide the accountant with information on the latest insurance products and best practices for insurance management. This collaboration can help both professionals to offer their clients a more comprehensive advice.

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relying solely on attorneys to make legal decisions may be , and the decisions may not be based on sufficient of the business's operations and objectives.

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Relying solely on attorneys to make legal decisions may be , and the decisions may not be based on sufficient of the business's operations and objectives expensive.

Business is the exercise of creating one's residing or making a living by way of producing or shopping for and promoting merchandise. it's also "any hobby or company entered into for income.

A business is defined as an corporation or enterprising entity engaged in commercial, business, or professional sports. agencies can be for-earnings entities or non-income groups. commercial enterprise kinds variety from limited liability groups to sole proprietorships, businesses, and partnerships.

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ramer and knox began a partnership by investing $86,000 and $129,000, respectively. during its first year, the partnership earned $250,000. prepare calculations showing how the $250,000 income is allocated under each separate plan for sharing income and loss.

Answers

When the partners failed to agree on a method to share income, ramer will get  $112,500, Knox will get $112,500. When the partners agreed to split income and loss in proportion to their first investments, ramer will get $90,000, Knox will get $135,000.

A partnership may be defined as a process where parties, called as business partners, able to cooperate to advance their mutual interests.

When the partners failed to agree on a method to share income.

The income is shared similarly.

Ramer: $225,000×50% = $112,500

Knox: $225,000×50% = $112,500

When the partners agreed to split income and loss in proportion to their first investments.

Total capital  =$86,000 + $129,000

Total capital= $215,000

Ramer: $225,000 x $86,000/$215,000 = $90,000

Knox: $225,000 x $129,000 /$215,000 = $135,000

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Which of the following may be reasons for substantial shifts in business expectations?
a. court decisions in key labor or antitrust cases
b. changes in trade barriers
c. changes in exchange rates
d. steady increases in price levels

Answers

Steady increases in price levels may be reasons for substantial shifts in business expectations. So, the correct answer is d.

A significant transformation in one's perspective, concepts, and methods of doing something is referred to as a substantial shift. A paradigm shift can occur in a variety of settings, including scientific research and business.

When new technology is introduced and drastically changes how an item or service is produced, industries frequently experience substantial shifts. These changes are important catalysts for many social transformations, such as the American Industrial Revolution or the information revolution that began in the 2000s.

A substantial shift is a fundamental shift in how people think and act that overturns and replaces an earlier paradigm.

Following the accumulation of anomalies or evidence that contests the current paradigm, a substantial shift.

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how might the fact that a stapled financing package offering debt financing equal to 4.0x ltm ebitda with a one third minimum equity contribution affect a strategic buyer's bid?

Answers

A staple offered loan financing at 4.0x LTM EBITDA with a minimum equity commitment of 33%, the purchase price would need to be at least 6.0x LTM EBITDA because the enterprise value multiple is 6.0x/67% = 4.0x when debt financing is at 67% of the price.

What is the process for equity contribution?

Equity contributions are investments made by owners in assets that represent unrestricted ownership interests. The concept is applied in a variety of contexts, such as loan agreements and corporate ownership stakes. It is also important while buying real estate.

In the above answer by identifying a leverage level that can be used as the basis for evaluating a purchase price, the staple may, in part, help to offer a value floor for the target.

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What do local and state governments do to attract local businesses and stimulate the local economy?.

Answers

By promoting business registration and job creation, fostering sustainable growth by giving private businesses like construction firms and IT professionals employment opportunities, and by facilitating contemporary internet access, local governments have a direct impact on the local economy.

Professional presentation is not a must for building a personal brand. Additionally, branding requires the following components to be present simultaneously:

knowledge of the industry, values, and education.

To gain a job in the sector, one must first be educated. Maintaining your place at work depends heavily on your values.

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a consumer has initial real wealth of 20, current real income of 90, and future real income of 110. the real interest rate is 10% per period. find the consumer' s pvlr write the equation for the consumer' 5 budget constraint (using the given numerical values) and graph the budget line suppose that the consumer'$ goal is to smooth con- sumption completely that is, he wants to have the same level of consumption in both the current and the future period. how much will he save and consume in the cur- rent period? how will his current saving and consumption be affected by an increase of 11 in current income? how will his current 'saving and consumption be affected by an increase of 11 in future income? f. how will his current saving and consumption be affected by an increase of 11 in his initial wealth?

Answers

In addition to current income, a consumer's anticipated lifetime resources have an impact on their decisions regarding current consumption and savings.

These include expectations regarding the interest rate, as well as current and anticipated wealth and income. The consumer's lifetime budget constraint and conditions for optimal choices across time periods can be determined using this information.

(a) The present value of lifetime resources (PVLR) discounts future items at the rate of interest and converts all of the consumer's wealth and income into net present value (NPV) terms. PVLR's equation is as follows, assuming a situation lasting two years:

W+Y+Y*(1+r) is PVLR.

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you plan to retire in 25 years. you currently have $80,000 saved, and you think you will need $500,000 at retirement. what annual interest rate must you earn to reach your goal, assuming you don't save any additional funds? (assume annual compounding)

Answers

You plan to retire in 25 years. you currently have $80,000 saved. The annual interest rate is 7.61%

An Annual interest rate  is a number that represents the total monthly cost of adopting plutocrat, expressed as a chance of the top loan quantum.

Calculating the problem:

we know that,  

A=P(1+r/100)^n

where    

A=future value

P=present value    

r=rate of interest

n=time period.  

500,000 = 80,000 × (1+r/100) ^25

(500,000/80,000) ^ (1/25) = (1+r/100)

(1+r/100)  =  1.0761

 r  =  1.0761 - 1

r =7.61%(Approx)

What's called annual interest?

The periodic interest rate, occasionally called the standard periodic interest rate or base rate, is the chance value you generally see first when comparing fiscal products. It's the introductory interest that you will pay on your loan or earn on your savings regard without taking compounding or freights into consideration.

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Aside from the issue of taxation by representation, why did the virginia house of burgesses object to parliament’s stamp tax?.

Answers

The Virginia House of Burgesses opposes the stamp tax because it would place a heavy financial burden on the colonists, in addition to the taxation by representation issue.

A taxation is a tax is a mandatory financial charge or other kind of levy that is placed on a taxpayer by a governmental entity in order to pay for government spending, other public expenses, and taxes. In almost every nation on the planet, taxes are mandatory levies that are imposed by the government on people or organizations. Although it can be used for other things as well, taxes are primarily used to raise money for government spending. Taxes and other obligations that a government places on its citizens are referred to as taxes. In almost every nation on earth, income taxes are collected. Taxes, on the other hand, are paid on all mandatory levies, including those on income, corporate profits, property, capital gains, sales, and inheritance.

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Croatia Airlines purchases commercial airplanes from Boeing Corporation located in Seattle Washington. (choose the two correct answers for full credit) A. The purchase will create a credit in the United States'financial (capitall account. B. The purchase will create a credit in the United States' current account C. The purchase will create a debit in Croatia's current account. D. The purchase will create a debit in the United States' balance of payments E. The purchase will create a credit in Croatia's financial ícapital account.

Answers

Since buying from Croatia will bring in money for the United States, credit will rise, which in turn will raise equity capital account. The same entry will be debited from Croatia's current account (the money is taken out of Croatia's account).

What in accounting is equity capital?

Equity capital is money that investors put into a company in return for common or preferred stock.A company's core funding, to which debt financing may be added, is represented by this.

Is capital from equity an asset?

Assets are the resources needed to run a business, whereas equity is the money needed to make the resources.a chart of accounts It is based on the accounting equation that says the company's total assets are equal to the sum of all liabilities and owner capital.

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dna polymerase unwinds the double helix and separates the two dna strands by breaking the hydrogen bonds between the bases. dna is normally super coiled by being tightly wound around helicases. dna replication is conservative as each daughter molecule formed contains both strands coming from the parent molecule. dna replication happens during the s phase of the cell cycle.

Answers

Normally, Dna is coiled wrapped around histones to create nucleosomes, which causes DNA to become supercoiled. In addition to making DNA strands available to enzymes, the coils must be unwound.

What is DNA ?

A polymer made of two polypeptide chains which coil around one another to form a dual helix is called deoxyribonucleic acid. All recognized species and many viruses have genetic information in the polymer that is necessary for their development, operation, growth, and reproduction. Nucleic acids include DNA and ribonucleic acid a self-replicating substance that makes up the majority of chromosomes in almost all living things. It is the genetic information's transporter. the core and distinguishing traits or attributes of something or someone, especially when they are thought to be immutable.

What is DNA made of ?

Nucleotides are the molecular building components that make up DNA. A phosphatase group, a sugar group, and one of four different nitrogen bases make up these building components. Nucleotides are joined together into chain, with the sugar and phosphate groups switching places, to create strands of DNA.

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kay company budgets overhead cost of $3,740,000 for the next year. the company uses direct labor hours as its overhead allocation base. if 85,000 direct labor hours are planned for the next year, how much overhead would be assigned to a product requiring 5 direct labor hours?

Answers

$190.00 overhead would be assigned to a product requiring 5 direct labor hours.

What is labor ?Labor is a series of continuous, progressive contractions of the uterus that help  dilate and close the cervix. Labor usually begins two weeks before or after her due date. Labor is the amount of physical, mental and social effort expended to produce product and services in an economy. We provide the know-how, people and services needed to turn raw materials into finished products and services. Work is the effort  people put into producing product and services. Labor resources include  waiter jobs that bring food to local restaurants and engineer jobs that designed the bus that takes you to school.

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using lpt priority would result in what sequence for jobs a, b, c, and d if their process times are 5, 2, 9, and 4, respectively?

Answers

By using LPT priority method, would result in sequence for jobs a, b, c and d if their process times are 5, 2, 9 and 4 respectively are as c, a, d, b respectively.

Longest Processing Time (LPT):

The user will first enter the quantity of jobs, their names, the processing times, and the due dates for each work, or they can use the data values that were provided at the beginning. Sorting in LPT is the jobs with the longest processing times comes in second. Thirdly, use the processing time to determine the flow time for each job. The sequence accumulation of processing time spent on each operation is known as the flow time. The flow time and due date are used to compute the delays. It goes like this: Delay is equal to the difference between the flow time and the due date. Even though the formula has already been applied, there are still two requirements for calculating the delays: The delays equal zero if the computed delays are smaller than the flow time. If the computed delays exceed the flow time sequence, the delays equal the value of (flow time - due date). The next step in LPT is to calculate the aggregate processing time, aggregate flow time, and aggregate delays from the aggregate processing time, aggregate flow time, and aggregate delays.

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With the world's demand for seafood on the rise but declines in harvests of wild fish stocks occurring, the market has become the fastest-growing area of global food production.

Answers

With the world's demand for seafood on the rise but declines in harvests of wild fish stocks occurring, the market has become the fastest-growing area of global food production in Aquaculture.

The breeding, raising, and harvesting of fish, shellfish, and aquatic plants is known as aquaculture. It's basically water farming. Aquaculture in the United States is an environmentally responsible source of food and commercial products and contributes to the creation of healthier habitats, which is used to rebuild stocks of threatened or endangered species.

Aquaculture or fish farming is required in order to meet the world's ever-increasing demand for seafood and to provide healthy protein to people in developing countries while reducing pressure on wild fish.

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suppose that you are a speculator that anticipates an appreciation of the singapore dollar (s$). you purchase a call option contract on singapore dollars. each contract represents s$40,000, with a strike price of $0.63 and call option premium of $0.03 per unit.

Answers

The table for transaction, selling price, purchase price, etc is shown on the table below.

The table is:

Transaction              Per Unit   Per Contract

The selling price      $0.92        $36,800

Purchase Price        -$0.86       -$34,400

Premium Paid          $0.02        -$8,00

Net profit                  $0.04         $1,600

Net profit can be described as the number of money your business get after deducting all operating, interest, and tax expenses over a given period of time.

Initially, we calculate the selling price

The selling price for a unit is $0.92

The selling price in each contract will be:  $0.92 x $40,000 = $36,800

Purchase Price of 5$ if per unit is -$0.86

if per contract it will be -$0.86 x $40,000 = -$34,400

Thus, we calculate the premium paid for option -$0.02

if per unit it will be: -$0.02

if per contract it will be -$0.02 x $40,000 = -$8,00

Then, we calculate about the net profit

Net profit = $36,800 -$34,400 -$8,00

Net profit = $1,600

The net profit is $1,600

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What was a chief argument of the united organizations of taxpayers regarding the benefits of lower property taxes for small homeowners?.

Answers

The primary justification offered by the United Organizations of Taxpayers for Lower Property Taxes of Small Homeowners Unlike businesses, homeowners did not enjoy tax advantages.

Define the term Property Taxes?

Property tax is a charge made on real estate that is owned by a person, a business, or another type of legal body.

Property tax is most frequently a real estate commercial tax, which is regarded as a regressive tax. It is computed by the local government in the area where it property is situated, and the owner is responsible for paying it. Usually, taxes are calculated based upon that value of the assets that are possessed, including land. However, a lot of places additionally tax things like vehicles and boats that are tangible personal property. The primary source of revenue for local governments is property taxes. A key local revenue resource for funding K–12 education, policing and fire departments, recreation, and other services, they contribute for roughly three-quarters of regional tax receipts.

Thus, the United Organizations of Taxpayers' main defense for lowering small homeowners' property taxes Homeowners did not benefit from tax advantages like corporations did.

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2009 & JUNE 2015). Salamata Njais cash book on 28th February, 2006 showed a credit balance of D2,740 and h statement showed a balance of D1,600 overdraw on the same date. On investigation, the following were revealed. a. A cheque issued to Jon Alfa amounting to D900 had not been presented to the bank for payment. c. A cheque of D820 from Hajia Fatou entered in the cash book as paid into the bank had been credited by the bank. d. The receipts side of the cash book had been undercast by D440 e. Bank charges of D150 entered in the bank statement had not been entered in the cash bo f. A cheque for D1,100 drawn on the accounts had been charged by the bank in error to an account. g. A cheque for D200 paid into the bank had been dishonoured and shown as such by the b but no entry was made in the cash book. h. i. A cheque drawn for D62 had been entered in the cash book in error as D26 A cheque for D94 drawn by another customer of the same name had been charged into Salamata Njai's bank account in error. You are required to: a. Show the appropriate adjustments to be made in the cash book; and b. Prepare a bank reconciliation statement as at 28th February 2006. (NOV. 2007)​

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had been charged by the bank in error to an account. g. A cheque for D200 paid into the bank had been dishonoured and shown as such by the b but no entry was made in the cash book. h. i. A cheque drawn for D62 had been entered in the cash book in error as D26 A cheque for D94 drawn by another customer of the same name had been charged into Salamata Njai's bank account in error. You are required to: a. Show the appropriate adjustments to be made in the cash book; and b. Prepare a bank reconciliation statement as at 28th February 2006. (NOV. 2007)

in a pure monopoly the firm is willing to sell to anyone willing and able to pay at least the marginal cost of production. the result is that output is produced where

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In a pure monopoly, the firm is willing to sell to anyone who is willing and able to pay at least the marginal cost of production. The result is that output is generated where D+MC is allocatively efficient.

Pure monopoly is a type of economic market where a single corporation has control over the whole supply of products and services. Since there is no competition in a monopolistic market, a monopolist itself can control the quantity demanded and price. The level of output that maximizes a monopoly's profit is determined by equating its marginal cost to its marginal revenue.

Microsoft Corporation is an example of first company that held a pure monopoly position on computer operating systems.

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The standard rate per unit that a company expects to pay for variable overhead equals the blank______.

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The standard rate per unit for variable overhead that a business anticipates paying is equal to the variable element of the predetermined overhead rate.

What does a company's average cost look like?

Standard costs are projections of the cost of items sold, or the price needed to produce your goods. Direct materials, direct labor, and production overhead are the typical components.

What is an example of typical cost?

Here is an easy example of conventional costing. Consider a corporation that produces widgets. One widget typically requires one pound of raw material, which costs $2, and one hour of labor, which costs $20, according to historical data determined by a cost analyst.

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