Sanchez Company has no beginning and ending inventories, and reports the following data about its only product:

Direct materials used $100,000
Direct labor $80,000
Fixed indirect manufacturing $100,000
Fixed selling and administrative $170,000
Variable indirect manufacturing $20,000
Variable selling and administrative $90,000
Selling price(per unit) $100
Units produced and sold 12,000

Sanchez Company uses the absorption approach to prepare the income statement. What is the manufacturing cost of goods sold?

A) $270,000
B) $300,000
C) $390,000
D) $500,000

the answer is true.  i do believe this is the answer because of the amount of wrecks people get into each year.  if you double this with avoiding those so said wrecks, that would make you a "skilled" driver.

answerdata mart;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.