Cybil baunt just inherited a 1958 chevy impala from her late aunt joop. aunt joop purchased the car 40 years ago for $8,000. cybil is either going to sell the car for $10,000 or have it restored and then sell it for $22,000. the restoration will cost $9,000. cybil would be financially better off by:

a. $3,000 to have the vehicle restored
b. $6,000 to have the vehicle restored
c. $9,000 to have the vehicle restored
d. $11,000 to have the vehicle restored

Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Before setting your prices, it's wise to a. subtract your profit margin from your costs. b. research industry standards. c. memorize the formula for cost plus. d. ignore your competitors' prices.