Mickey tire company makes a special kind of racing tire. variable costs are $ 240 per unit, and fixed costs are $ 25 comma 000 per month. mickey sells 400 units per month at a sales price of $ 315. if the quality of the tire is upgraded, the company believes it can increase the sales price to $ 400. if so, the variable cost will increase to $ 300 per unit, and the fixed costs will rise by 40%. if mickey decides to upgrade, how will operating income be affected? a. operating income will decrease by $ 10 comma 000. b. operating income will decrease by $ 24 comma 000. c. operating income will increase by $ 24 comma 000. d. operating income will remain the same.

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.

In a chapter 7 bankruptcy, a debtor: