Monsanto sells genetically modified seed to farmers. it needs to decide how much seed to pit into a warehouse to serve demand for the next growing season. It will make one quantity decision. it costs montanso $8 to make each kilogram of seed. it sells each kg for $45. if it has more seed than demand by the local farmers, the remaining seed is sent overseas. unfortunately, it only earns $3 per kg from the over-seas market. If demand excedes its quantity, then the sales are lost-the farmers go to another suplier. as a forecast for demand it will use a normal distribution with a mean of 300,000 and a standard deviation of 100,000.A. How many kilograms should it place in the warehouse before growing season. B. if it puts 400,000 kg in the warehouse what is their expected revenue(include both domestic revenue and overseas revenue)? c. how many kilograms should it place in the warehouse if it wants to minimize its inventory while ensuring that the stock out probability is no greater than 10 percent?D. what is the maximum profit for this seed?

Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january

Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under: