Prepare an income statement (through income before income tax) for presentation to management, using the following data from the records of greenway manufacturing company for november of the current year: administrative expenses $73,500 cost of goods sold (at standard) 470,000 direct materials quantity variance—favorable 1,200 direct materials price variance—favorable 2,400 direct labor time variance—unfavorable 900 direct labor rate variance—favorable 500 factory overhead volume variance—unfavorable 10,000 factory overhead controllable variance—favorable 1,500 sales 950,000 selling expenses 165,800 greenway manufacturing company income statement for month ended november 30 sales $ cost of goods sold - at standard gross profit - at standard $ less variances from standard cost: favorable unfavorable direct materials price $ direct materials quantity direct labor rate direct labor time $ factory overhead controllable factory overhead volume gross profit $ operating expenses: selling expenses $ administrative expenses income before income tax

When marietta chooses to only purchase a combination of goods that lie within her budget line, she: is decreasing utility. is maximizing utility. likely has negative savings. must reduce the quantity?

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

If the guide wprds on the page are "crochet " and "crossbones", which words would not be on the page. criticize, crocodile,croquet,crouch,crocus.