Hayes Inc. provided the following information for the current year: Beginning inventory 100 units Units produced 750 units Units sold 800 units Selling price $ 150 /unit Direct materials $ 35 /unit Direct labor $ 16 /unit Variable manufacturing overhead $ 15 /unit Fixed manufacturing overhead $ 24,000 /yr Variable selling/administrative costs $ 8 /unit Fixed selling/administrative costs $ 15,500 /yr What is the unit product cost for the year using variable costing?

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.