Red and White Company reported the following monthly data: Units produced 3,300 units Sales price $ 38 per unit Direct materials $ 5 per unit Direct labor $ 6 per unit Variable overhead $ 7 per unit Fixed overhead $ 8,910 in total What is Red and White's net income under variable costing if 1,110 units are sold and operating expenses are $15,000

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?