Job 102 job 103 job 104direct materials 15,000 33,000 27,000directlabor 8,000 14,200 21,000overhead 4,000 7,100 10,500job 102 was started in production in may and the following costs were assigned to it in may: direct materials, $6,000; direct labor, $1,800; and overhead, $900. jobs 103 and 104 were started in june. overhead cost is applied with a predetermined rate based on direct labor cost. jobs 102 and 103 were finished in june, and job 104 is expected to be finished in july. no raw materials were used indirectly in june. what is the cost of the raw materials requisitioned in june for each of three jobs?

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?