1. The steel factory makes steel from iron ore and coal. Both iron and coal mines are near city A, while the demand for steel is in city B, which is 100 kilometers away. The factory makes 1 ton of steel from 1 ton of coal and 2 tonnes of iron ore. Shipping is costly and exhibits increasing returns to scale. Shipping 1 ton of goods (either raw materials or final products) incurs a terminal cost of $100 (the fixed cost incurred as

The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)

Which are the best examples of costs that should be considered when creating a project budget?

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?