Manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 139
Units in beginning inventory 0
Units produced 2,990
Units sold 2,760
Units in ending inventory 230
Variable costs per unit:
Direct materials $ 50
Direct labor $ 15
Variable manufacturing overhead $ 12
Variable selling and administrative expense $ 9
Fixed costs:
Fixed manufacturing overhead $ 107,640
Fixed selling and administrative expense $ 24,840

The total gross margin for the month under absorption costing is:

Multiple Choice
$71,760
$22,080
$135,480
$146,280

As a project manager for a large construction company, shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly

Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation

Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.