Westmorland makes ink that it uses in ball point pens. the company produces two colors of ink. one is blue the other is red. ink is made in batches with setup costs being $2,000 per batch. demand for blue ink is significantly stronger than for red ink. during the most recent week, the company made 2 batches of ink, one blue the other red. it requires 1 hour of labor to make a gallon of ink regardless of color. there were 300 hours of labor used to make the blue ink and the 100 hours of labor used to make the red ink. if the company uses activity-based costing and allocates the setup cost on the basis of the number of batches, the setup cost allocated to the

Which of the following areas provides residents with close access to high-paying jobs and cultural attractions? a. the suburbs b. exurbs c. rural areas d. the city 2b2t

Which of the following best describes how the federal reserve bank banks during a bank run? a. the federal reserve bank has the power to take over a private bank if customers demand too many withdrawals. b. the federal reserve bank can provide a short-term loan to banks to prevent them from running out of money. c. the federal reserve bank regulates exchanges to prevent the demand for withdrawals from rising above the required reserve ratio. d. the federal reserve bank acts as an insurance company that pays customers if their bank fails. 2b2t

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.