Moncrief corporation bases its budgets on machine-hours. the company's static planning budget for july appears below: budgeted number of machine-hours 1,000 supplies (@ $8.60 per machine-hour) $ 8,600 power (@ $8.80 per machine-hour) 8,800 salaries 11,300 equipment depreciation 9,900 total $ 38,600 actual results for the month were: actual number of machine-hours 1,200 supplies $ 10,290 power $ 10,860 salaries $ 11,690 equipment depreciation $ 9,990 the spending variance for supplies costs in the flexible budget performance report for the month should be: multiple choice $30 f $1,690 f $1,690 u $30 u

In microeconomics, the point at which supply and demand meet is called the blank price

Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year. if the tax rate is 35 percent, what is the annual ocf for the project?

German brothels recently began offering a monthly subscription service for multiple purchasers. if you thought that the brothels' encouragement of prostitution was immoral to begin with, would you consider this pricing plan to be even more immoral? suppose a particular patron at a german brothel has the following willingness-to-pay schedule for services at the brothel, per session. session willingness to pay 1st $84 2nd $72 3rd $60 4th $48 5th $36 6th $24 suppose this consumer would not demand any more sessions, even for free. also assume that the marginal cost to the brothel, per session, is constant at $12. at a price of $78.00 per session, the number of sessions demanded by this consumer would be . at this price and quantity, consumer surplus is $ and producer surplus is $ . suppose the brothel has devised a new pricing scheme for consumers who demand more than 1 session. this pricing scheme is a subscription service, whereby consumers can pay a flat fee of $259.20 and can have up to 6 sessions total. using this subscription pricing model, this consumer would demand sessions. under this scenario, consumer surplus is $ and producer surplus is $ . (hint: for consumer surplus, consider how much total value the consumer places on all sessions, versus the total price paid.)