Sud Help Save & Exit 5 10 15 20 25 30 35 Number of vehicles per day (tens of thousands) b. Assuming that there is no charge for entry, what is the total number of vehicles entering downtown? (Give your answers in tens of thousands of vehicles) Quantity of vehicles: Suppose that government in an effort to reduce the number of vehicles by 50 percent, decides to impose a traffic fee (the same fee for both commuters and shoppers) for entry into the downtown mea. What will be the amount of the fee, and how many of each group will enter downtown? Fees Number of commuter vehicles Number of shoppers vehicles d. Assume that government alternatively, decides to have a two fee system but still wishes to reduce the traffic by 50 percent of the no fee entry level if it decides to charge shoppers S5, how much will have to charge commuters? Fee to commuters 5 1 Cullumber Company reported the following amounts for its cost of goods sold and ending inventory: Cost of goods sold Ending inventory 2021 $179,000 30,000 2020 $184,000 30,000 Cullumber made two errors: (1) 2020 ending inventory was overstated by $6,500, and (2) 2021 ending inventory was understated by $5,000 Calculate the correct cost of goods sold and ending inventory for each year. 2021 2020 $ $ Correct ending inventory Correct cost of goods sold $ eTextbook and Media Sud Help Save & Exit 5 10 15 20 25 30 35 Number of vehicles per day (tens of thousands) b. Assuming that there is no charge for entry, what is the total number of vehicles entering downtown? (Give your answers in tens of thousands of vehicles) Quantity of vehicles: Suppose that government in an effort to reduce the number of vehicles by 50 percent, decides to impose a traffic fee (the same fee for both commuters and shoppers) for entry into the downtown mea. What will be the amount of the fee, and how many of each group will enter downtown? Fees Number of commuter vehicles Number of shoppers vehicles d. Assume that government alternatively, decides to have a two fee system but still wishes to reduce the traffic by 50 percent of the no fee entry level if it decides to charge shoppers S5, how much will have to charge commuters? Fee to commuters 5 1 Cullumber Company reported the following amounts for its cost of goods sold and ending inventory: Cost of goods sold Ending inventory 2021 $179,000 30,000 2020 $184,000 30,000 Cullumber made two errors: (1) 2020 ending inventory was overstated by $6,500, and (2) 2021 ending inventory was understated by $5,000 Calculate the correct cost of goods sold and ending inventory for each year. 2021 2020 $ $ Correct ending inventory Correct cost of goods sold $ eTextbook and Media