Interspace merchandising anticipated selling 29,000 units of a major product and paying sales commissions of $6 per unit. actual sales and sales commissions totaled 31,500 units and $182,700, respectively. if the company used a static budget for performance evaluations, interstate would report a cost variance of:

a. $6,300u.
b. $6,300f.
c. $8,700u.
d. $8,700f.
e. some other amount not listed above.

Which of the following is a problem for the production of public goods?

Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale

If you were running a company, what are at least two things you could do to improve its productivity.