Beginning work in process 3. athena inc, manufactures a product that passes through two processes. the following information is available for the first department for july production: units in process, july 1, 75% complete units completed and transferred out 30,000 75,000 15,000 units in process, july 31, 25% complete calculate the total units for july if the company follows the weighted average method. a. 120,000 units b. 105,000 units c. 90,000 units d. 95,000 units check my work 3 more check my work uses remaining previous ne

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.