Management may be tempted to overproduce when using absorption costing, in order to increase net income. variable costing, in order to increase net income. variable costing, in order to decrease net income. absorption costing, in order to decrease net income.

Given the production function q=96(k^0.3)(l^0.7), find the mpk and mpl functions. is mpk a function of k alone, or of both k and l? what about mpl?

The manda panda company uses the allowance method to account for bad debts. at the beginning of 2018, the allowance account had a credit balance of $92,400. credit sales for 2018 totaled $3,190,000 and the year-end accounts receivable balance was $507,500. during this year, $88,500 in receivables were determined to be uncollectible. manda panda anticipates that 3% of all credit sales will ultimately become uncollectible. the fiscal year ends on december 31. required: 1. does this situation describe a loss contingency? 2. what is the bad debt expense that manda panda should report in its 2018 income statement? 3. prepare the appropriate journal entry to record the contingency. 4. complete the table below to calculate the net realizable value manda panda should report in its 2018 balance sheet?

In the packaging department of a large aircraft parts distributor, a fairly reliable estimate of packaging and processing costs can be determined by knowing the weight of an order. thus, the weight is a cost driver that accounts for a sizable fraction of the packaging and processing costs at this company. data for the past 10 orders are given as follows: a. estimate the b 0b0 and b 1b1 coefficients, and determine the linear regression equation to fit these data. b. what is the correlation coefficient (r)? c. if an order weighs 310310 lb, how much should it cost to package and process it? c