Piechocki corporation manufactures and sells a single product. the company uses units as the measure of activity in its budgets and performance reports. during may, the company budgeted for 7,400 units, but its actual level of activity was 7,350 units. the company has provided the following data concerning the formulas used in its budgeting and its actual results for may: data used in budgeting: fixed element per month variable element per unitrevenue - $ 34.90direct labor $0 $ 5.50direct materials 0 13.40manufacturing overhead 31,000 2.40selling and administrative expenses 26,200 0.20total expenses $ 57,200 $ 21.50 actual results for may: revenue $ 257,800direct labor $ 39,870direct materials $ 99,890manufacturing overhead $ 47,000selling and administrative expenses $ 30,54the activity variance for direct labor in may would be closest to:

Aeuropean aircraft producer has spent 15 years in developing a new aircraft that would potential threaten long-lasting boeing's dominance (monopoly) in the same class of aircrafts. the new european aircraft gets high marks on all performance measures except noise. because of the noise, the european producers management is concerned that the us government may impose restrictions which would forbid their aircraft to land in some of the american airports. without restrictions the estimated (present discounted) profit would be 125 million usd. with the restrictions the profit would only be 25 million usd. the chances of both outcomes are estimated to be 50-50. management must decide now whether to the cost of redesign program problem and a 60% chance it will fail. should the european aircraft producer start the noise redesign program if they do not have any redesign parts of the aircraft to solve the noise problem. is 25 million usd. there is a 40% chance that redesign will solve the noise additional information than mentioned above? draw the decision tree, indicate probabilities and outcomes of the events * imagine that the company could find out in advance the outcome of the u. s. government's e find the expected value of perfect information about the u. s. government's decision. decision. draw a new decision tree, indicate probabilities and outcomes of the events.

What three important pieces of information can we learn by reading a production possibilities gragh?

An is a tax issues by the federal government on important goods