Bryans Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 53
Manufacturing costs:
Variable manufacturing cost per unit produced:
Direct materials $ 13
Direct labor $ 6
Variable manufacturing overhead $ 5
Fixed manufacturing overhead per year $ 63,000
Selling and administrative expenses:
Variable selling and administrative expense per unit sold $ 4
Fixed selling and administrative expense per year $ 71,000

Year 1 Year 2
Units in beginning inventory 0 3,000
Units produced 9,000 7,000
Units sold 6,000 7,000
Units in ending inventory 3,000 3,0000

The net operating income (loss) under absorption costing in Year 2 is closest to:
$47,000
$41,000
$146,000
$118,000

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.