The marketing manager of fanning corporation has determined that a market exists for a telephone with a sales price of $20 per unit. the production manager estimates the annual fixed costs of producing between 41,200 and 81,000 telephones would be $330,000. required assume that fanning desires to earn a $130,000 profit from the phone sales. how much can fanning afford to spend on variable cost per unit if production and sales equal 46,000 phones?

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:

An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?