Every year, you host a community concert where you sell commemorative T-shirts. The T-shirts feature images of that year's performers and typically only sell on the day of the concert. You order the T-shirts one month in advance of the concert and each T-shirt costs $8 to produce. On the day of the concert, you sell T-shirts at a price of $25 per shirt. After the day of the concert, you sell any unsold T-shirts to a local recycle shop for $5 each. From past years' historical sales, you predict the demand for T-shirts on the day of the concert will be as follows: X (in Shirts) 110 120 130 140 150
Probability that demand is exactly X 0.1 0.3 0.4 0.1 0.1

Required:
a. What are my underage and overage costs? Just by comparing these two costs, should we order more or less than the average demand? Briefly explain why.
b. How many T-shirts should I order to maximize my total expected profit?
c. If I order the quantity from part b, what is the likelihood that I stockout of T-shirts on the day of the concert?
d. If I order the quantity from part b, how many T-shirts do I expect to sell on the day of the concert?

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing company: work in process inventory $0 raw materials inventory $ 28 comma 100 finished goods inventory $ 40 comma 600 additional data: 1. actual manufacturing overhead for january amounted to $ 65 comma 000. 2. total direct labor cost for january was $ 63 comma 400. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no. 151, for which total direct labor charges were $ 5 comma 200 (1 comma 300 direct labor hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 700. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 300. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for january?

Match the items with the actions necessary to reconcile the bank statement.(there's not just one answer)1. interest credited in bank account2. fee charged by bank for returned check3. checks issued but not deposited4. deposits yet to be crediteda. add to bank statementb. deduct from bank statementc. add to personal statementd. deduct from personal statement

How success was the first day of the bus boycott