If the Quantity of Nail Polish Supplied Is Represented by the Equation

question 6

Multiple Choice

If the quantity of nail polish supplied is represented by the equation Q_S = -3 + 2P then the corresponding price of nail polish is represented by the equation

• A)P = 0.5Q_S + 1.5.
• B)P = 2Q_S + 6.
• C)P = 2Q_S - 6.
• D)P = 1.5 - 0.5Q_S.

---

Definitions:

Process Costing

A method of costing used in manufacturing where costs are assigned to batches or production runs, typically for similar products.

Equivalent Units

A concept used in cost accounting to convert partial units of production into a number of fully completed units.

Materials

Materials or ingredients utilized in the creation or fabrication of products.

First Processing Department

The initial department in a manufacturing process where raw materials begin their transformation into finished products.