Business, 03.12.2019 23:31 EinsteinBro
Wanda owns a lemonade stand. she produces lemonade using five inputs: water, sugar, lemons, paper cups, and labour. her costs per glass are as follows: $0.01 for water, $0.02 for sugar, $0.03 for lemons, $0.02 for cups, and $0.10 for the opportunity cost of her labor. she can sell 300 glasses for $0.50 each.
a) what are wanda's explicit costs per glass?
b) what are wanda's implicit costs per glass?
c) what are wanda's total economic costs per glass?
d) what are wanda's total accounting profits?
e) what are wanda's total economic profits?
Answers: 2
Business, 21.06.2019 22:10
3. now assume that carnival booked lady antebellum in december 2016 to perform on the june 2017 western caribbean cruise. further assume that carnival pays lady antebellum its entire performance fee of $52,000 on december 28, 2016, for the june 2017 cruise. what journal entry will carnival make on december 28, 2016, for its payment to lady antebellum?
Answers: 1
Business, 22.06.2019 11:40
Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:
Answers: 1
Business, 22.06.2019 15:20
Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.
Answers: 1
Business, 22.06.2019 17:00
During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak
Answers: 2
Wanda owns a lemonade stand. she produces lemonade using five inputs: water, sugar, lemons, paper c...
History, 24.04.2020 22:18
Mathematics, 24.04.2020 22:18
Chemistry, 24.04.2020 22:18
Computers and Technology, 24.04.2020 22:18
Mathematics, 24.04.2020 22:18
History, 24.04.2020 22:18
Biology, 24.04.2020 22:18
Mathematics, 24.04.2020 22:18