A company that produces a single product had a net operating income of $91,000 using variable costing and a net operating income of $127,960 using absorption costing. Total fixed manufacturing overhead was $59,160 and production was 11,600 units. This year was the first year of operations. Between the beginning and the end of the year, the inventory level: a. decreased by 4,000 units
b. increased by 4,000 units
c. decreased by 20,000 units
d. increased by 20,000 units

Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:

Dan mcclure is trying to decide on how many copies of a book to purchase at the start of the upcoming selling season for his bookstore. the book retails at $28.00. the publisher sells the book to dan for $20.00. dan will dispose of all the unsold copies of the book at 75 percent off the retail price, at the end of the season. dan estimates that demand for this book during the season is normal with a mean of 100 and a standard deviation of 42. a. how many books should dan order to maximize his expected profit? b. given the order quantity in part a, what is dan's expected profit? c. the publisher's variable cost per book is $7.50. given the order quantity in part a, what is the publisher's expected profit?

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