Suppose that the world price of copper is $4 a pound, poland does not trade internationally, and the equilibrium price of copper in poland is $3 a pound. poland then begins to trade internationally. the price of copper in poland the quantity of copper produced in poland

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

In terms of precent, beer has more alcohol than whiskey true or false

Principals are an administration career