Osvaldo makes $40,000 a year as a soccer coach. He also owns and rents out a small store for extra income of $60,000 a year. He wants to use the space for a Boba (Pearl tea) shop. His expenses at the boba shop would be $80,000 per ingredients and hiring a worker. He also would pay $20,000 per year in insurance. He would make $140,000 in revenues. What are his economic profits if he opens the ice cream store

The questions of economics address which of the following ? check all that apply

Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is: