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Cost of one unit
Rollo Enterprises recorded the following activity in work-in-process inventory for September.Direct Labor - $15,000Direct Materials - $10,000Factory supervisor's salary, September - 3000Indirect Materials - 7,000Factory utilities - 5001,000 units were started and completed during the month.
A. computer the amount of manufacturing overhead incurred for the month.
B. Assume all costs are actual. Using actual costing, calculate the cost of one unit.
Suppose the government is concerned that the going wage rate of $6 per hour for low skilled workers is too low.
Consider the following two good pure exchange economy: Alfred's utility function is U A (x, y) = min{x, y} and Bob's utility function is U B (x, y) = max{x, y}.
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The following information describes a hypothetical economy (assume all numbers are in billion if necessary) Determine the value of the MPC of this economy?
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