Risser woodworking corporation produces fine cabinets. the company uses a job-order costing system in which its predetermined overhead rate is based on capacity.
the capacity of the factory is determined by the capacity of its constraint, which is an automated jointer.

additional information is provided below for the most recent month: estimates at the beginning of the month: estimated total fixed manufacturing overhead $ 16,244 capacity of the jointer 310 hoursactual results: sales $ 66,300 direct materials $ 15,900 direct labor $ 14,430 actual total fixed manufacturing overhead $ 16,244 selling and administrative expense $ 9,500 actual hours of jointer use 260 hours

the gross margin that would be reported on the income statement prepared for internal management purposes would be closest to:

a) $10,242

b) $19,142

c) $17,954

d) $62,310

Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales budget, the deft product manager wishes to achieve a product contribution margin of 35%. given their product currently is priced at $35.00, what would they need to limit the material and labor costs to?

Label each scenario with the term that best describes it. use the midpoint method when applicable. marcel duchamp was a famous artist prior to his death, and was known for his dada artwork, including works such as "soft toilet". all of his original sculptures and paintings go on sale. paul owns a tim horton's, a famous donut and coffee franchise. he is willing to sell as many maple glazed donuts as customers want at a price of $1.00 each, but he refuses to sell any donuts for any price lower than $1.00 . the price of facial tissues rises from $2.85 per box to $3.15 . as a result, p& g increases production from 15 million boxes to 25 million boxes of facial tissue. with the school semester starting for both high school and college, papermate chooses to increase production of pens from 38 million to 42 million after global prices of writing instruments increase from $1.90 a package to $2.10 a package. bright ideas increases its production of lightbulbs by 15% after a 400% increase in the price of fluorescent bulbs.labels: elastic supply; perfectly inelastic supply; perfectly elastic supply; inelastic supply; unit-elastic supply.

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.