Jake's roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hourwages and salaries $23,200 $16.30parts and supplies $8.60equipment depreciation $1,600 $0.40truck operating expenses $6,400 $1.70rent $3,480 administrative expenses $4,500 $0.80for example wages and salaries should be $23,200 plus $16.30 per repair-hour. the company expected to work 2,800 repair-hours in may, but actually worked 2,900 repair-hours. the company expects its sales to be $44.50 per repair-hour. compute the company's activity variances for may. (indicate the effect of each variance by choosing "f" for favorable, "u" for unfavorable, and "none" for no effect (i. e., zero variance).

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

Suppose there is a 6 percent increase in the price of good x and a resulting 6 percent decrease in the quantity of x demanded. price elasticity of demand for x is a. 0 b. 6 c. 1 d. 36

You are a professor of economics at a university.? you've been offered the position of serving as department? head, which comes with an annual salary that is ? $5 comma 500 higher than your current salary.? however, the position will require you to work 200 additional hours per year. suppose the next best use of your time is spending it with your? family, which has value of ? $10 per hour.