Jake's roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hourwages and salaries $23,200 $16.30parts and supplies $8.60equipment depreciation $1,600 $0.40truck operating expenses $6,400 $1.70rent $3,480 administrative expenses $4,500 $0.80for example wages and salaries should be $23,200 plus $16.30 per repair-hour. the company expected to work 2,800 repair-hours in may, but actually worked 2,900 repair-hours. the company expects its sales to be $44.50 per repair-hour. compute the company's activity variances for may. (indicate the effect of each variance by choosing "f" for favorable, "u" for unfavorable, and "none" for no effect (i. e., zero variance).

In march 2012, the state of california started requiring that all packaging for food and drink with the additive 4-methylimidazole (4-mi) be clearly labeled with a cancer warning. because of this, both pepsi and coke changed their formula to eliminate 4-mi as an ingredient. if pepsi and coke did not change their formula, holding all else constant, what would have happened to the demand for these goods, assuming pepsi and coke were in a competitive market? a. the demand curve for both pepsi and coke would have shifted to the right, causing the price of both products to decrease and the profits for the companies to fall. b. the demand curve for pepsi and coke would have remained unchanged, but the price of both products would have decreased and the profits for the companies would have fallen. c. the demand curve for pepsi and coke would have decreased, but the prices and profits would not have changed. d. the demand curve for only one of them would change because pepsi and coke are substitutes. e. the demand curve for pepsi and coke would have shifted to the left, causing the price of both products to decrease and the profits for both companies to fall.