The following costs pertain to Pete Co.'s purchase of inventory on June 1: Purchased 1200 units of Product X (before trade discount of $500) $12,500 Freight charges for delivery from supplier, terms FOB destination 800 Warehousing rental for inventory storage 1,500 Cost of labor to assemble product to bring to saleable condition 2,800 Material and labor for repackaging after product assembled 750 Total $18,350 What amount should Pete record as the initial cost of the inventory

An object that is clicked on and takes the presentation to a new targeted file is done through a

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.