Milden company is a merchandiser that plans to sell 39,000 units during the next quarter at a selling price of $65 per unit. the company also gathered the following cost estimates for the next quarter: cost cost formula cost of good sold $32 per unit sold advertising expense $188,000 per quarter sales commissions 5% of sales shipping expense $42,000 per quarter + $4.00 per unit sold administrative salaries $98,000 per quarter insurance expense $10,800 per quarter depreciation expense $68,000 per quarter required: 1. prepare a contribution format income statement for the next quarter. 2. prepare a traditional format income statement for the next quarter.

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.

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In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)