26). Which do you think arose/lived first?
If a firm converts a previously competitive industry into a…
If a firm converts a previously competitive industry into a monopoly without any changes in the cost curves, it will:
31). Why are cyanobacteria one of the largest and most impor…
31). Why are cyanobacteria one of the largest and most important groups of autotrophic bacteria?
Suppose a company uses process costing. For the month of Aug…
Suppose a company uses process costing. For the month of August, Department A has zero units in beginning work in process inventory. During August, 300 units of the company’s product are started by Department A. At the end of August, 200 of the units were completed and transferred to Department B; the other 100 units were fully processed with respect to direct materials and were, on average, 30% processed for conversion costs. During August, Department A incurred direct materials costs of $27,000, and conversion costs of $57,500. For Department A, what is the cost per equivalent unit for conversion costs for the month of August?
A company has 3 classes of workers. The company had expecte…
A company has 3 classes of workers. The company had expected to use 3,000 hours and 2,000 hours of class 1 and class 2 workers, respectively. However, the company actually used 2,750 hours and 2,050 hours of class 1 and class 2 workers, respectively. The standard wage rate for class 1 and class 2 workers is $10.00 and $15.00, respectively. However, the actual wage rate for class 1 and class 2 workers was $10.25 and $15.75 per hour, respectively. What is the direct labor mix variance?
For a monopolist, after the first unit of output, marginal r…
For a monopolist, after the first unit of output, marginal revenue is always:
For a monopolist, marginal revenue is:
For a monopolist, marginal revenue is:
How do monopolists set the output level and price for their…
How do monopolists set the output level and price for their products?
In the STA 2023 Spring 2021 student survey two of the questi…
In the STA 2023 Spring 2021 student survey two of the questions asked were gender and the number of pets you have. The results are given in the table below. 0 to 1 2 to 3 4 to 5 More than 5 Total Male 343 159 29 20 551 Female 625 374 86 37 1122 Other 5 6 2 1 14 Total 973 539 117 58 1687 a. What is the probability that a student’s gender is male and they have more than 5 pets? b. What is the probability that a student has 4 to 5 pets given that their gender is other? c. Two students are selected at random. What is the probability that both students are female? Assume these are independent events.
28). Please identify the correct term with the following str…
28). Please identify the correct term with the following structure that is rod-shaped.