The estimated demand function (Moschini and Meilke, 1992) for Canadian processed pork is Qequals161minus20pplus20p Subscript bplus3p Subscript cplus2Y, where Q is the quantity in million kilograms (kg) of pork per year, p is the dollar price per kg, p Subscript b is the price of beef in Canadian dollars per kg, p Subscript c is the price of chicken in dollars per kg, and Y is average income in thousands of dollars. What is the demand function if we hold p Subscript b, p Subscript c, and Y at their typical values during the period studied: p Subscript bequals4.6, p Subscript cequals3.5, and Yequals12.5? Demand as a function of p is (enter your first response rounded to one decimal place and your second response as a whole number):

Financial information that is capable of making a difference in a decision is

Exercise 6-2 variable costing income statement; explanation of difference in net operating income [lo6-2] ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $970. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 200 units sold 180 units in ending inventory 20 variable costs per unit: direct materials $ 130 direct labor $ 300 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 63,000 fixed selling and administrative $ 25,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 174,600 cost of goods sold 139,500 gross margin 35,100 selling and administrative expense 27,700 net operating income $ 7,400 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing.

Predict how the price of athletic shorts would change if schools banned their use