Gail K. Company manufactures waterproof cell phone covers. During the current month, the controller purchased $26,700 of materials, $4,300 of which are indirect materials. At the beginning of the month, Gail had 50 partially complete cell phone covers on hand. The cost of these partially complete units was $7,200. During the month, the company incurred the following costs to complete these units and to start and complete 8,250 new units. What is the cost of goods manufactured for the period

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

hope this

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

hi there, i would say your answer is:

b. there is a fixed quantity of resources and technology available.

hope that : )

answer; proclamation of 1763;