Chase co. uses the perpetual inventory method. the inventory records for chase reflected the following information: jan 1 beginning inventory 2200 units @ $6.10 jan 12 purchase 2300 units @ $5.90 jan 18 sales 2400 units @ $7.60 jan 21 purchase 2200 units @ $6.20 jan 25 purchase 2000 units @ $6.00 jan 31 sales 2350 units @ $7.60assuming chase uses a lifo cost flow method, what is the amount of cost of goods sold for the sales transaction on january 18? $14,160 $14,180 $14,600 $14,640

Which change is illustrated by the shift taking place on this graph? an increase in demanda decrease in demandan increase in supplya decrease in supply

Following is a list of various costs incurred in producing replacement automobile parts. with respect to the production and sale of these auto parts, classify each cost as either variable costs, fixed costs, or mixed costs. 1. oil used in manufacturing equipment 2. plastic 3. property taxes, $165,000 per year on factory building and equipment 4. salary of plant manager 5. cost of labor for hourly workers 6. packaging 7. factory cleaning costs, $6,000 per month 8. metal 9. rent on warehouse, $10,000 per month plus $25 per square foot of storage used 10. property insurance premiums, $3,600 per month plus $0.01 for each dollar of property over $1,200,000 11. straight-line depreciation on the production equipment 12. hourly wages of machine operators 13. electricity costs, $0.20 per kilowatt-hour 14. computer chip (purchased from a vendor) 15. pension cost, $1.00 per employee hour on the job

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )