Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed: Product X Product Y Total Sales $ 260,000 $ 360,000 $ 620,000 Variable Costs 156,000 180,000 336,000 Contribution Margin $ 104,000 $ 180,000 $ 284,000 Fixed costs 130,000 108,000 238,000 Operating Income (Loss) $ (26,000 ) $ 72,000 $ 46,000 Selling Price per unit $ 130.00 $ 60.00 The following actual operating results were reported after the year was over: Product X Product Y Total Sales $ 202,500 $ 467,500 $ 670,000 Variable Costs 117,000 212,500 329,500 Contribution Margin $ 85,500 $ 255,000 $ 340,500 Fixed costs 140,000 108,000 248,000 Operating Income (Loss) $ (54,500 ) $ 147,000 $ 92,500 Units Sold 1,500 8,500 The selling price variance for Product Y is:

An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute a/an series. the equation is: a stock with no maturity is an example of a perpetuity. quantitative problem: you own a security that provides an annual dividend of $170 forever. the security’s annual return is 9%. what is the present value of this security? round your answer to the nearest cent. $

Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.

About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.