The following data pertains to Lam Co.'s manufacturing operations: Inventories4/1 4/30 Direct Materials$20,750 $17,200 Work in Process 10,100 6,825 Finished Goods 30,850 41,500 Additional information for the month of April: Direct materials purchased$36,400 Direct labor 35,500 Direct labor rate per hour 10 Factor overhead incurred 46,600 Overhead is applied at $12 per direct labor hour. For the month of April, prime cost incurred was:

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Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.