In shady company, materials are entered at the beginning of each process. work in process inventories, with the percentage of work done on conversion costs, and production data for its sterilizing department in selected months during 2017 are as follows.
beginning
work in process

ending
work in process

month

units

conversion
cost%

units
transferred out

units

conversion
cost%

january 0 — 11,100 2,230 69
march 0 — 12,900 4,580 31
may 0 — 14,500 7,890 80
july 0 — 12,100 2,500 43

Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?

Which of the following is a problem for the production of public goods?

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.