Gundy Company expects to produce 1,258,800 units of Product XX in 2017. Monthly production is expected to range from 80,800 to 111,200 units. Budgeted variable manufacturing costs per unit are: direct materials $5, direct labor $8, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $5 and for supervision are $3. In March 2017, the company incurs the following costs in producing 96,000 units: direct materials $505,000, direct labor $763,000, and variable overhead $867,000. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March

Navel county choppers, inc., is experiencing rapid growth. the company expects dividends to grow at 19 percent per year for the next 8 years before leveling off at 5 percent into perpetuity. the required return on the company’s stock is 10 percent. if the dividend per share just paid was $1.52, what is the stock price?

How can a poor housing market put home buyers in a financially unstable position? a. changing property values means it’s easier to find homes with low rental costs. b. when the home value decreases, property taxes and insurance costs increase. c. houses are valued lower than their purchase prices, so the home equity decreases. d. home buyers lose all tax benefits and tax incentives when the housing market goes down. e. mortgage payments can increase even though the home value decreases.

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls