The appleton entity established a $200 petty cash fund on june 1, 200x. on june 30, 200x the fund had $45 in cash and the following receipts: delivery expense $75, office supplies expense $55, and postage expense $25. the entry to establish the fund on june 1, 200x is a. dr petty cash 200; cr cash 200 b. dr cash 200; cr petty cash 200 c. dr petty cash 155; cr cash 155 d. dr cash 155; cr petty cash 155

The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?