Coble Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined overhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated shaper. Additional information is provided below the most recent month: Estimates at the beginning of the month:
Estimated total fixed manufacturing overhead Capacity of the shaper ac: $33,075 270 hours results Sales $79,268 Direct materials $12,200 $17,400 Direct labor fixed manuftactur overhead 8.100 Selling and administrative exnense Actual hours of shaper use 250 hours The gross margin that would be reported the income statement prepared for internal management purposes would be closest to:.
a. $19.043
b. $16,593
c. $10.943
d. $79,268

Why should managers invest any excess cash

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)

Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?