Green Thumb, a manufacturer of lawn mowers and snowblowers has historically purchased a thousand bearings per week from a local supplier who charges $1.00 per bearing. The purchasing manager has identified another potential source willing to supply the bearings at $0.97 per bearing. Before making his decision, the purchasing manager evaluates the performance of the two suppliers. The local supplier has an average lead time of two weeks and has agreed to deliver the bearings in batches of 2,000. Based on past on-time performance, the purchasing manager estimates that the lead time has a standard deviation of one week. The new source has an average lead time of six weeks with a standard deviation of four weeks. The new source requires a minimum batch size of 8,000 bearings. Which supplier should the purchasing manager go with (ignore ordering cost and focus on material cost and holding cost when making your decision)

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate

The martinez legal firm (mlf) recently acquired a smaller competitor, miller and associates, which specializes in issues not previously covered by mlf, such as land use and intellectual property cases. given the increase in the firm's size and complexity, it is likely that its internal transaction costs willa. decrease. b. increase. c. become external transaction costs. d. be eliminated.