What is the difference between profit and revenue?
a> > > > revenue is the total amount producers receive after selling a good. profit is the total amount producers earn after subtracting the production costs.
b> > > > > revenue is the total amount producers earn after subtracting the production costs. profit is the total amount producers receive after selling a good.
c> > > > revenue is the total amount producers pay to manufacture a good. profit is the total amount producers earn after subtracting the production costs.
d> > > > revenue is the total amount producers pay to manufacture a good. profit is the total amount producers receive after selling a good.

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.

Which of the following has the largest impact on opportunity cost

“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.