Richards Corporation uses the weighted-average method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 91,000 units, 80% complete as to materials and 25% complete as to conversion. Units started and completed: 272,000. Units completed and transferred out: 363,000. Ending Inventory: 35,500 units, 40% complete as to materials and 15% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $48,200. Costs in beginning Work in Process - Conversion: $90,700. Costs incurred in October - Direct Materials: $768,760. Costs incurred in October - Conversion: $1,156,070. Calculate the cost per equivalent unit of conversion.

answer; (c) run the name by everyone you can;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.