Portable power company expects to operate at 80% of productive capacity during july. the total manufacturing costs for july for the production of 25,000 batteries are budgeted as follows: direct materials $162,500direct labor 70,000variable factory overhead 30,000fixed factory overhead 112,500total manufacturing costs $375,000the company has an opportunity to submit a bid for 2,500 batteries to be delivered by july 31 to a government agency. if the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during july or increase the selling or administrative expenses. what is the unit cost below which portable power company should not go in bidding on the government contract?

The gorman group is a financial planning services firm owned and operated by nicole gorman. as of october 31, 2016, the end of the fiscal year, the accountant for the gorman group prepared an end-of-period spreadsheet, part of which follows:

Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false

Aplant manager is considering buying additional stamping machines to accommodate increasing demand. the alternatives are to buy 1 machine, 2 machines, or 3 machines. the profits realized under each alternative are a function of whether their bid for a recent defense contract is accepted or not. the payoff table below illustrates the profits realized (in $000's) based on the different scenarios faced by the manager. alternative bid accepted bid rejected buy 1 machine $10 $5 buy 2 machines $30 $4 buy 3 machines $40 $2 refer to the information above. assume that based on historical bids with the defense contractor, the plant manager believes that there is a 65% chance that the bid will be accepted and a 35% chance that the bid will be rejected. what is the expected value under perfect information (evpi)?