Suppose that the owner of a smartphone monopoly hires you to determine whether his firm has made the profit-maximizing number of smartphones. he provides you with the following production and sales information for the first six months of 2016.month sales mr of last unit mc of last unitjanuary 2016 10,000 $250 $225february 2016 10,500 $230 $230march 2016 11,000 $220 $210april 2016 10,500 $210 $220may 2016 12,000 $200 $210june 2016 11,000 $220 $220in which months should the firm have produced fewer smartphones? in which months should the firm have produced more smartphones? in which months was the firm maximizing profits?

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Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund