Emily recently graduated with a B. A. in economics and was offered a job with a small but growing company for $38 400 per year. About the same time, Emily inherited $60 000. She decided to pass up
the job and use her inheritance to purchase a bubble tea shop rather than put the money into a bond
fund (as her uncle suggested), which would have paid 5 percent per year interest. Emily works full-time
at her new business, and at the end of the year she had revenues of $81 000 and total explicit costs of
$42 000
a) What was Emily's accounting profit or loss for the year
b) What was her economic profit or loss for the year?

What is the cause of smoky exhaust?

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?

Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?