What is the optimal production quantity?
The XYZ manufacturing company produces ball bearings. The annual fixed cost is $20,000 and the variable cost per ball bearing is $3. The price is related to demand according to the following equation: 1000 - 8p.
Answer: 488 units
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What is a moderator's major role in online focus groups?
a. To limit a discussion to closed-ended questions b. To type in questions online for all respondents to see c. To make sure the costs incurred with online focus groups remain relatively low d. To let respondents control a discussion
MacLean Corp purchased a mine on January 1, 2016, for $500,000
The mine is estimated to contain 30,000 tons of iron ore. There is no residual value. The business has extracted and sold 2,500 tons of ore in 2016. Prepare the journal entry to record depletion expense for 2016. (Round your intermediate calculations to the nearest cent.) What will be an ideal response