ABC Company's range of production is 25,000 to 31,000 units. when it produces and sells 28,000 units, its average costs per unit are as follows Direct materials : $ 9.60
Direct Labor: $6.50

Variable Manufacturing overheads: $3.96

Fixed MOH : $7.30

Fixed Selling expenses: $5.75

Fixed Administrative expenses: $5.20

Sales Commission : $3.15

Variable Administartive expenses: $2.68

Find:

1. total product costs if 28,000 units are produced and sold

2.total period costs if 28,000 units are produced and sold

3. total product costs if 31,000 units are produced and sold

4. total costs if 31,000 units are produced and sold

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

The simple interest in a loan of $200 at 10 percent interest per year is

At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.