Which of the following is NOT an opportunity cost of increased spending on education in Florida?

Refer to the Figure above. What is the equilibrium quantity and price in this market?

Table: Empanadas and Tacos    Madison Austin Empanadas 32 24 Tacos 40 32 Madison and Austin own Cafe Ole’. The table above lists the number of empanadas or tacos that Madison and Austin can each make in one hour if they devote all their time to it. Which of the following statements regarding comparative advantage is true? 

Refer to the Figure above.  At a price of $25, how many units will be supplied?

An unconscious patient with large amounts of retained secretions need nasotracheal suctioning. What should be used to decrease upper airway trauma?

Which of the following formulas is used to calculate the contribution margin ratio?

The cost of December merchandise purchases would be:

Problem 3 (10 points)Penury Company offers two products. At present, the following represents the usual results of a month’s operations: Required:Part 1: Find the break-even point in dollars. (2 points)Part 2: Find the margin of safety in dollars. (2 points)Part 3: The company is considering decreasing product K’s unit sales to 80,000 and increasing product L’s unit sales to 180,000, leaving unchanged the selling price per unit, variable expense per unit, and total fixed expenses. Would you advise adopting this plan? (2 points)Part 4: Refer to Part 3 above. Under the new plan, find the break-even point in dollars.   (2 points)Part 5: Under the new plan in Part 3 above, find the margin of safety in dollars. (2 points)

The cash balance at the end of December would be:

Loll Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: According to the company’s records, the conversion cost in beginning work in process inventory was $46,915 at the beginning of June. Additional conversion costs of $825,183 were incurred in the department during the month.What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)