Home
Accounting
Back
Principles of Accounting
Back
Accounting in Action
The Recording Process
Adjusting the Accounts
Completing the Accounting Cycle
Accounting for Merchandising Operations
Inventories
Accounting Information Systems
Fraud, Internal Control, and Cash
Accounting for Receivables
Plant Assets, Natural Resources, and Intangible Assets
Current Liabilities and Payroll Accounting
Accounting for Partnerships
Corporations: Organization and Capital Stock Transactions
Corporations: Dividends, Retained Earnings, and Income Reporting
Long-Term Liabilities
Investments
Statement of Cash Flows
Managerial Accounting
Financial Statement Analysis
Job Order Costing
Process Costing
Cost Volume Profit
Budgetary Planning
Budgetary Control and Responsibility Accounting
Standard Costs and Balanced Scorecard
Incremental Analysis and Capital Budgeting
Banking
Back
Principles and Practices of Banking
Bank fund Management
Back
Statement
Measuring and Evaluating Bank Perfomance
Business Organization and Management
Mathematics
Back
Business Mathematics
Back
Sets
Equations
Indices and Surds
Arithmetic and Geometric Progressions
Logarithms
Permutations and Combinations
Integral Calculus
Differential Calculus
Coordinate Geometry
Higher Algebra
Higher Trigonometry
Coordinate Geometry
Back
The Straight Line. Polar Equations and Oblique Cordinates
Differential Calculus
Finance
Back
Managerial Finance
Back
Leverage
Introduction
Capital Budgeting
Risk Return
Long Term Finance
Statistics
Back
Business Statistics
Back
Grouping and displaying data to convey meaning: Tables and Graphs
Measures of Central Tendency and Dispersion in Frequency Distributions
Probability I: Introductory Ideas
Probability Distributions
Sampling and Sampling Distributions
Simple Regression and Correlation
Estimation
Testing Hypotheses: One Sample Tests
Testing Hypotheses: Two Sample Tests
Quality and Quality Control
Chi-Square and Analysis of Variance
Contact Us
Contact Us
Home
Mathematics
Business Mathematics
Equations
A commodity is product by using 3 units of labor and 2 units of capital. The total cost comes to 62. If the commodity is produced by using 4 units labor and 1 unit of capital, the cost comes to 56.
A commodity is product by using 3 units of labor and 2 units of capital. The total cost comes to 62. If the commodity is produced by using 4 units labor and 1 unit of capital, the cost comes to 56.
Solution
Previous article: The demand and supply equations are 2p²+ q²=11 and p+2q=7. Find the equilibrium price and quantity, where p stands for price and q stands for quantity.
Prev
Next article: A man’s income from interest and wages is Rs. 500. He doubles his investment and also gets an increase of 50% in wages and his income increases to Rs. 800. What was his original income separately in terms of interest (I) and wages (w)?
Next
Are you need any help?
Contact Us
now.
Most Reading Solutions
Problem-13: Cost Volume Profit
In the month of March, Style Salon services 560 clients at an average price of $120. During the mont...
Read More
Problem 14: Incremental Analysis and Capital Budgeting
Cawley Company makes three models of tasers. Information on the three products is given below
Read More
Problem-1: Accounting for Receivables
At December 31, 2018, House Co. reported the following information on its balance sheet. Accounts r...
Read More
Problem-15: Job Order Costing
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. ...
Read More
Problem-05: Current Liabilities and Payroll Accounting
For the year ended December 31, 2019, Denkinger Electrical Repair Company reports the following summ...
Read More
A loan of $1000 is to be paid in 5 equal annual payments interest being at 6 per cent per annum compound interest and first payment being made after a year, Analyze the payment into...
Read More
Problem-05: Accounting for Partnerships
On December 31, the capital balances and income ratios in TEP Companyare as follows. PartnerCapital...
Read More
Problem-01: Long-Term Liabilities
On May 1, 2019, Herron Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated M...
Read More
Problem 9: Permutation
In how many ways 10 examination papers be arranged so that the best and worst papers never come toge...
Read More
What is a trial balance?
Read More
Problem-67: Probability Distribution
Anita Daybride is a Red Cross worker aiding earthquake victims in rural Colombia.
Read More
Problem-7: Testing Hypotheses: One Sample Tests
A grocery store has specially packaged oranges and has claimed a bag of oranges will yield 2.5 quart...
Read More
Problem-56: Grouping and Displaying data to convey meaning
The head of a large business department wanted to classify the specialties of its 67 members. He ask...
Read More
Problem-03: Grouping and Displaying data to convey meaning
Transmission Fix-It stores recorded the number of service tickets submitted by each of its 20 stores...
Read More
Problem-18: Job Order Costing
Tombert Decorating uses a job order cost system to collect the cost of its interior decorating busin...
Read More
Problem-11: Accounting Information Systems
Pennington Company has a balance in its Accounts Payable control account of $9,250 on January 1,2017...
Read More
Problem-26: Grouping and Displaying data to convey meaning
The president of Ocean Airlines is trying to estimate when the Federal Aviation Administration is mo...
Read More
Problem-6: Job Order Costing
The gross earnings of the factory workers for Larkin Company during the month of January are $76,000...
Read More
Problem-01: Corporations: Dividends, Retained Earnings, and Income Reporting
On January 1, 2020, Geffrey Corporation had the following stockholders equity accounts. Common St...
Read More
Problem-10: The Recording Process
Halladay Enterprises had the following selected transactions: 1 Bo Halladay invested $4,000 ...
Read More
Problem-60: Probability Distribution
The regional office of the Environmental Protection Agency annually hires second-year law students a...
Read More
Problem-6: Plant Assets, Natural Resources and intangible Assets
Ceda Co. has equipment that cost $80,000 and that has been depreciated $50,000. Instructions Rec...
Read More
Problem-16: Adjusting the Accounts
The trial balances before and after adjustment for Turnquist Company at the end of its fiscal year a...
Read More
What is the basic accounting equation?
Read More
Problem-6: The Recording Process
Kim Yi has prepared the following list of statements about accounts: An account is an accounting ...
Read More
Problem-2: Budgetary Planning
Deleon Inc. is preparing its annual budgets for the year ending December 31, 2023. Accounting assist...
Read More
Problem-7: Inventories
The management of Danica Co. asks your help in determining the comparative effects of the FIFO and L...
Read More
Problem-22: Sampling and Sampling Distributions
An underwater salvage team is preparing to explore a site off the coast of Florida where an entire f...
Read More
Problem-8: Logarithms
Without using tables, show that
Read More
Combination: Problem 8
Out of 5 males and 6 females, a committee of 5 is to be formed. Find the number of ways in which it ...
Read More
Problem-5: Job Order Costing
Phillips Corporation's fiscal year ends on November 30. The following accounts are found in its job ...
Read More
Problem-18: Completing the Accounting Cycle
These financial statement items are for Basten Company at year-end, July 31, 2019. Salaries and Wag...
Read More
Show that Log2+16Log(16/15)+12Log(25/24)+7Log(81/80) = 1
Read More
Problem-2: Adjusting the Accounts
Mac's Motel opened for business on May 1, 2019. Its trial balance before adjustment on May 31 is as ...
Read More
Problem-10: Accounting for Partnerships
Coburn (beginning capital, $60,000) and Webb (beginning capital $90,000) are partners. During 2019, ...
Read More
A man wishes to create an endowment fund to provide an annual prize of $500 out of its income. If the fund is invested in 2½% p.a., find the amount of this fund.
Read More
Problem-27: Inventories
Moath company reports the following for the month of June. Instructions Calculate the cost of...
Read More
(i) In a survey of 100 students it was found that 50 used the college library, 40 had their own and 30 borrowed books, 20 used both college library and their own, 15 borrowed books...
(ii) If the number of students using no book at all is 10, and the number of students using all the ...
Read More
Problem-19: Managerial Accounting
University Company produces collegiate apparel. From its accounting records, it prepares the followi...
Read More
Problem-01: Probability I: Introductory Ideas
Give a collectively exhaustive list of the possible outcomes of tossing tow dice.
Read More
Problem-5: Testing Hypotheses: One Sample Tests
Sports and media magnate Ned Sterner is interested in purchasing the Atlanta Stalwarts if he can be ...
Read More
Problem-68: Grouping and Displaying data to convey meaning
Jeanne Moreno’s employer, the state Department of Transportation, recently worked with a nearby comp...
Read More
Problem-05: Statement of Cash Flows
Zumbrunn Company's income statement contained the condensed information below. Accounts payable p...
Read More
Problem-3: Incremental Analysis and Capital Budgeting
Last year (2020), Richter Condos installed a mechanized elevator for its tenants. The owner of the c...
Read More
Problem-17: Inventories
Moath Company reports the following for the month of June. Instructions Compute the cost of en...
Read More
Problem-55: Grouping and Displaying data to convey meaning
The following responses were given by two groups of hospital patients, one receiving a new treatment...
Read More
Problem-19: Corporations: Organization and Capital Stock Transactions
The ledger of Rolling Hills Corporation contains the following accounts: Common Stock, Preferred Sto...
Read More
Problem-20: Sampling and Sampling Distributions
For a population of size N = 80 with a mean of 8.2 and a standard deviation of 2.1, find the standar...
Read More
How does the time period assumption affect an accountant's analysis of business transactions?
Read More
Problem-02: Statement of Cash Flows
The following account balances relate to the stockholders equity accounts of Kerbs Corp. at year-end...
Read More
More In
Cost Volume Profit
Incremental Analysis and Capital Budgeting
Accounting for Receivables
Job Order Costing
Current Liabilities and Payroll Accounting
Logarithms
Accounting for Partnerships
Long-Term Liabilities
Permutations and Combinations
The Recording Process
Probability Distributions
Testing Hypotheses: One Sample Tests
Grouping and displaying data to convey meaning: Tables and Graphs
Accounting Information Systems
Corporations: Dividends, Retained Earnings, and Income Reporting
Plant Assets, Natural Resources, and Intangible Assets
Adjusting the Accounts
Accounting in Action
Budgetary Planning
Inventories
Sampling and Sampling Distributions
Completing the Accounting Cycle
Sets
Managerial Accounting
Probability I: Introductory Ideas
Statement of Cash Flows
Corporations: Organization and Capital Stock Transactions
© 2025 MathLearningCentre