Penny, inc. employs a process costing system. direct materials are added at the beginning of the process. here is information about july's activities: on july 1: beginning inventories 850 units, 60% complete direct materials cost $5,000 conversion costs $4,000 during july: number of units started 15,000 direct materials added $155,000 conversion costs added $83,520 on july 31: ending inventories 1,600 units, 40% complete using the fifo method, the number of equivalent units of conversion costs was:

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:

Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility.output for facility 1: output for facility 2: c. determine the profit-maximizing price.$