Suppose chef city manufactures cast iron skillets. one model is a 10-inch skillet that sells for $28. chef city projects sales of 625 10-inch skillets per month. the production costs are $5 per skillet for direct materials, $2 per skillet for direct labor, and $3 per skillet for manufacturing overhead. chef city has 60 10-inch skillets in inventory at the beginning of july but wants to have an ending inventory equal to 25% of the next month's sales. selling and administrative expenses for this product line are $1,000 per month. chef city is budgeted to produce 721 skillets in july with a $10 production cost per skillet.

compute the budgeted cost of goods sold for july.

a) $5,887

b) $7,810

c) $7,210

d) $6,250

Read the overview below and complete the activities that follow.apartment complexes often look for ways to recruit new tenants and retain current tenants. although apartment complexes offer the tangible benefit of shelter to their tenants, many apartment complexes also offer additional services to tenants to encourage tenants to stay or to support the rent prices. the following scenario identifies the several service gaps of a company that runs an apartment complex as well as solutions for reducing these service gaps.concept review: customers have certain expectations about how a service should be delivered. a service gap occurs when the delivery of a service fails to meet customer expectations. there are four types of service gaps: knowledge gap, standards gap, delivery gap, and the communications gap. it is important for marketers to identify these gaps and develop strategies for minimizing them.match the example or solution to the appropriate service gap category.1. wait for repairs 5. train employees well2. understand expectations 6. incentives for tenants3. do not overpromise 7. family movie night4. empower employees 8. delayed lawn careservice gap example solutionknowledge gap standards gap delivery gap communication gap