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I'm getting stuck on a new question format that the instructor has not gone over yet. A firm can manufacture a product according to the production function Q= 2(K)^1/2(L)^1/2 where K represents capital equipment and L is labor. The company has already spent $10,000 on the 4 units capital. a.) Find the expressions for average product of labor, APL and the marginal product of labor, MPL. b.) If workers at the firm are paid a competitive wage of $100 and the product is sold for $200 each, what is optimal level of labor usage and what is the maximum profit?
The employee worked in Starbuck's Information Technology Department. RAD Services Inc. charged Starbucks as much as $429,800 for consulting services in a single week. For such a fraud to have taken place, certain control activities were likely no..
Determine the amount of research and development expense Janson could report in its 2013 income statement related to this project.
How many shares of ordinary stock are outstanding at year-end?
Rich Company uses a standard cost system- budgeted $800000 of fixed overhead when 50,000 machine hours were anticipated. Illustrate w hat is Rich's fixed overhead budget variance?
Using the straight- line method. the amount of discountor premiumt o be amortized every intrest period would be''
MICHTEC's economists estimate the chances that the economy will be either expanding, normal, or in a recession next year at 0.3, 0.5, and 0.3 respectively. Compute expected annual sales. Compute standard deviation of annual sales.
Calculate Dahl's 20X6 consolidated net income and identify the amount attributable to Dahl's shareholders and to the non-controlling interest. Be sure to show all your calculations. You are not required to prepare a consolidated income statement.
Jenson Company began the year with retained earnings of $250,000. During the year, the company recorded revenues of $350,000, expenses of $275,000, and paid dividends of $30,000. What was Jenson’s retained earnings at the end of the year?
Which factors of production gain and which factors of production lose when trade arises between these two countries?
Capital budgeting Accounting rate of return and cash pay back period - Evaluiate the annual rate of return and (2) the cash payback period on the proposed capital expenditure
Compute the cost of civilian and military versions of Model KV10 using both direct labor dollars and machine hours as alternative allocation bases. Explain why Pelton Instruments may decide to use direct labor as an overhead allocation base.
Prepare the journal entry to record the issuance of the shares. Elucidate how recording the share issue costs differs from the way debt issue costs are recorded.
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