Teresa has a shoe factory. she owns the building that the factory is in. if she rented it out rather than using it to produce shoes she could get $150,000 per year in rent. teresa has labor costs of $100,000 per year and raw materials cost her $250,000 per year. she pays $75,000 in advertising each year. if teresa was not producing shoes she could work as a manage at the nike factory and make $80,000 per year. teresa used up her savings to start the shoe factory forgoing $30,000 in interest. what are the explicit costs of this factory what are the implicit costs? if teresa has total revenue of $500,000, what is the accounting profit? if teresa has total revenue of $500,000, what is the economic profit? if teresa was a rational producer, should she continue producing shoes? why or why not?

Xt year baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. this incentive will be provided in addition to the annual raise, if productivity goals are reached. assuming the goals are reached, how much will baldwin pay its employees per hour?

Excellent inc. had a per-unit conversion cost of $3.00 during april and incurred direct materials cost of $112,000, direct labor costs of $84,000, and manufacturing overhead costs of $50,400 during the month. how many units did it manufacture during the month? a. 18,000 b. 44,800 c. 70,000 d. 30,000

Ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $860. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 320 units sold 285 units in ending inventory 35 variable costs per unit: direct materials $ 135 direct labor $ 355 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 64,000 fixed selling and administrative $ 27,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 245,100 cost of goods sold 205,200 gross margin 39,900 selling and administrative expense 31,275 net operating income $ 8,625 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing. what is the amount of the difference in net operating income between the two costing methods?