R-p packaging manufactured cellophane wrapping material that was used by kern’s bakery in packaging its product. kern’s decided to change its system for packaging cookies from a tied bread bag to a tray covered with printed cellophane wrapping. r-p took measurements to determine the appropriate size for the cellophane wrapping and designed the artwork to be printed on the wrapping. after agreeing that the artwork was satisfactory, kern placed a verbal order for the cellophane at a total cost of $13,000. when the printed wrapping material was received, kern complained that it was too short for the trays and that the art work was not centered. the material, however, conformed exactly to the order placed by kern. kern returned the material to r-p by overnight express. r-p sued kern. kern claimed that because there was no written contract, the suit was barred by the statute of frauds. what result? [flowers baking co. v. r-p packaging, inc., 329 s. e.2d 462 (va.)]

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is:

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve