While figuring out how to save money for a bride who is having financial problems, paula, the catering manager of oh happy day, asked her assistant, "what do you think is the best menu to offer under these particular circumstances? how can we offer the bride and groom's guests a great meal within their budget? " paula and her assistant are using the contingency approach?

Swain company manufactures one product, it does not maintain any beginning or ending inventories, and its uses a standard cost system. the company's beginning balance in retained earnings is $65,000. it sells one product for $170 per unit and it generated total sales during the period of $603,500 while incurring selling and administrative expenses of $54,500. swain company does not have any variable manufacturing overhead costs and its standard cost card for its only product is as follows: