Which of the following is true when computing cost per equivalent unit in a fifo process costing system? a. prior period costs are combined with costs incurred in the current period and then divided by the equivalent units of production. b. costs incurred in the current period are divided by the equivalent units of production. c. total cost to account for is divided by the equivalent units of production. d. equivalent units of production are divided by costs incurred in the current period. e. equivalent units of production are divided by cost to account for.

Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price

The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively