Suppose jill johnson operates her pizza restaurant in a building she owns in the center of the city. similar buildings in the neighborhood rent for $4,000 per month. jill is considering selling her building and renting space in the suburbs for $3,000 per month. jill decides not to make the move. she reasons, "i would like to have a restaurant in the suburbs, but i pay no rent for my restaurant now, and i don't want to see my costs rise by $3,000 per month." what do you think of jill's reasoning?

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?

Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.