Sheridan company manufactures widgets. bowden company has approached sheridan with a proposal to sell the company widgets at a price of $68880 for 1 units. sheridan is currently making these components in its own factory. the following costs are associated with this part of the process when 1 units are produced: direct material $ 26040 direct labor 24360 manufacturing overhead 33600 total $84000 the manufacturing overhead consists of $13440 of costs that will be eliminated if the components are no longer produced by sheridan. from sheridan’s point of view, how much is the incremental cost or savings if the widgets are bought instead of made?
-$1680 incremental savings
-$15120 incremental savings
-$5040 incremental cost
-$15120 incremental cost

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.

Chuck, a single taxpayer, earns $80,750 in taxable income and $30,750 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) (do not round intermediate calculations. round your answers to 2 decimal places.)