Mustaine manufacturing has two classes of distributors: jit distributors and non-jit distributors. the jit distributor places small, frequent orders and the non-jit distributor tends to place larger, less frequent orders. both types of distributors purchase the same product. the customer activities and costs for the previous quarter are found below: jit non-jit sales orders 300 20 sales calls 25 25 service calls 150 75 average order size 100 1,000 manufacturing cost/unit $50 $50 customer costs: processing sales orders $200,000 selling goods $120,000 servicing goods $150,000 total $470,000. calculate the activity rate for processing sales orders.
(a) $625 per order
(b) $889 per order
(c) $182 per order
(d) $667 per order
(e) $1.47 per order

Why has the free enterprise system been modified to include some government intervention?

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?