Speedy dress manufacturing has two workstations, cutting and finishing. the cutting station is limited by the speed of operating the cutting machine. finishing is limited by the speed of the workers. finishing normally waits for work from cutting. each department works an eight-hour day. if cutting begins work two hours earlier than finishing each day, the two departments generally finish their work at about the same time. not only does this eliminate the bottleneck, but also it increases finished units produced each day by 160 units. all units produced can be sold even though the change increases inventory stock by 20% from 400 units. the cost of operating the cutting department two more hours each day is $1,600. the contribution margin of the finished products is $6 each. inventory carrying costs are $0.40 per unit per day.

what is the total production per day if the change is made?
(a) 6400 units
(b) 800 units
(c) 880 units
(d) 1600 units

Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price. b)an upper limit on the quantity of some good that can be bought or sold. c)a legal restriction on how high or low a price in a market may go. d)control of the price of a good by the firm that produces it.

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?