Rey Company’s single product sells at a price of $232 per unit. Data for its single product for its first year of operations follow. Direct materials $ 36 per unit Direct labor $ 44 per unit Overhead costs Variable overhead $ 8 per unit Fixed overhead per year $ 255,000 per year Selling and administrative expenses Variable $ 34 per unit Fixed $ 232,000 per year Units produced and sold 25,500 units 1. Prepare an income statement for the year using absorption costing 2. Prepare an income statement for the year using variable costing.

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable

4.     chef a says that broth should be brought to a boil. chef b says that broth should be kept at an even, gentle simmer. which chef is correct? a. neither chef is correct. b. chef a is correct. c. both chefs are correct. d. chef b is correct. student c   incorrect which is right answer

1. what are the unique operational challenges to delivering fresh meals? 2. why is speed of delivery so important for delivered meals? what variety of options contribute to this performance metric? 3. how could operations management concepts be utilized to improve the performance of freshly? 4. what are your typical product delivery times? what would be required to speed these up? 5. what are your delivery batch quantities? how could you reduce batch size and reduce delivery cost simultaneously using operations management concepts?