Acompany contemplating the acceptance of a special order has the following unit cost behavior, based on 10,000 units: direct materials $4direct labor 10variable overhead 8fixed overhead 6a foreign company wants to purchase 2,000 units at a special unit price of $25. the normal price per unit is $40. in addition, a special stamping machine will have to be purchased for $4,000 in order to stamp the foreign company. the incremental income (loss) from accepting the order is:

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided