Freshmart, inc., began operations this year. the company produced 1,000 units and sold 1,000 units at a selling price of $100 per unit. fixed overhead costs totaled $30,000 and fixed selling and administrative expenses were $15,000. variable production costs were $25.00 per unit while variable selling and administrative expenses were $10.00 per unit. contribution margin was:

a. $20,000.
b. $45,000.
c. $65,000.
d. $55,000.

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?

Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.