Q # 1 Lynch Company manufactures and sells a single product. The following costs were incurred during the company’s first year of operations:
Variable costs per unit:
Direct material $6
Direct labor $ 9
Variable manufacturing overhead $3
Variable Selling and administrative costs $4
Manufacturing fixed cost: $300000
Fixed selling and administrative $190000
During the year, the company produced 25000 units and sold 20000 units. The selling price of the company’s product is $50 per unit.
Required:
1. Assume company uses absorption costing.
a) Compute product cost.
b) Prepare an income statement for the year.
1. Assume company uses marginal costing:
a) Compute product cost.

Ben bowled 124 and 188 in his first two games. what must he bowl in his third game to have an average of at least 160?

Asap for seven months an ice creams vendor collects data showing the number of cones sold a day (c) and the degrees above 70 degrees f the vendor finds that there is a positive linear association between c and t that is the best modeled by this equation c=3.7t+98 which statement is true? the model predicts that the average number of cones sold in a day is 3.7 the model predicts that the average number of cones sold i a day is 98 a model predicts that for each additional degree that the high temperature is above 70 degres f the total of number of cones sold increases by 3.7 the model predicts for each additional degree that the high temperature is above 70 degrees f the total number of cones sold increasingly by 98

Point r divides in the ratio 1 : 3. if the x-coordinate of r is -1 and the x-coordinate of p is -3, what is the x-coordinate of q? a. b. 3 c. 5 d. 6 e. -9