2) A and Z Transport Limited operate a transport service that plies between Accra a Ada which are 60 kilometres apart. One of its tracks carts goods three times a day to
from Ada for four weeks. Each week is made up of 5 working days.
The following information relate to the operations of the track for the month of Jun
2014:
Cost of track
GH¢39,700
Life span of track
260,000 kg
Scrap value of track
GH¢,700
Track licensing cost GH¢540 per annum
Cost of a set of tyresGH¢5,400
Life span of tyres 15,000 kg
Diesel consumption
10km per gallon
Cost of diesel per gallon
GH¢5.20
Engine oil
GH¢15 per week
Handling cost
GH¢60 per week
Maintenance on track
GH¢144 per week
Insurance
GH¢900 per wee
Wages of driver
GH¢481 per mon
Wages of two driver's assistants
GH¢40 each per weck
Other service costsGH¢7,800 per annum
You are required to prepare a statement showing the total operating cost of the tr
he month of June 2014.​

Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall

An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: