Select all the correct answers.
Which statements are true according to the law of supply?
A decrease in demand leads to an increase in supply.
U
A decrease in demand leads to a decrease in supply.
An increase in price leads to a decrease in supply.
D
A
decrease in price leads to a decrease in supply.
An increase in price leads to an increase in supply.

Aproduction order quantity problem has a daily demand rate = 10 and a daily production rate = 50. the production order quantity for this problem is approximately 612 units. what is the average inventory for this problem?

Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)