Maxim manufactures a hamster food product called green health. maxim currently has 15,500 bags of green health on hand. the variable production costs per bag are $2.90 and total fixed costs are $21,000. the hamster food can be sold as it is for $10.00 per bag or be processed further into premium green and green deluxe at an additional cost. the additional processing will yield 15,500 bags of premium green and 4,100 bags of green deluxe, which can be sold for $9 and $7 per bag, respectively. assuming maxim further processes green health further into premium green and green deluxe, revenue from the two products would be:

a. $163,200.
b. $13,200.
c. $8,200.
d. $5,000.
e. $168,200.

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to ifrs. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $2,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $3,000,000 to $5,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $6,000,000, with a present value of $4,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $2,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000.