Beginning work in process includes 500 units that are 10% complete with respect to materials and 10% complete with respect to conversion. Ending work in process includes 300 units that are 50% complete with respect to materials and 30% complete with respect to conversion. If 3,000 units were started during the period, what are the equivalent units of production for materials costs

Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.