Exercise 25-3 stefani company has gathered the following information about its product. direct materials: each unit of product contains 3.40 pounds of materials. the average waste and spoilage per unit produced under normal conditions is 0.10 pounds. materials cost $2 per pound, but stefani always takes the 5.00% cash discount all of its suppliers offer. freight costs average $0.45 per pound. direct labor. each unit requires 2.80 hours of labor. setup, cleanup, and downtime average 0.10 hours per unit. the average hourly pay rate of stefani’s employees is $13.10. payroll taxes and fringe benefits are an additional $3.00 per hour. manufacturing overhead. overhead is applied at a rate of $5.90 per direct labor hour. compute stefani’s total standard cost per unit. (round answer to 2 decimal places, e. g. 1.25.) total standard cost per unit $

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d

What are six resources for you decide which type of business to start and how to start it?

German brothels recently began offering a monthly subscription service for multiple purchasers. if you thought that the brothels' encouragement of prostitution was immoral to begin with, would you consider this pricing plan to be even more immoral? suppose a particular patron at a german brothel has the following willingness-to-pay schedule for services at the brothel, per session. session willingness to pay 1st $84 2nd $72 3rd $60 4th $48 5th $36 6th $24 suppose this consumer would not demand any more sessions, even for free. also assume that the marginal cost to the brothel, per session, is constant at $12. at a price of $78.00 per session, the number of sessions demanded by this consumer would be . at this price and quantity, consumer surplus is $ and producer surplus is $ . suppose the brothel has devised a new pricing scheme for consumers who demand more than 1 session. this pricing scheme is a subscription service, whereby consumers can pay a flat fee of $259.20 and can have up to 6 sessions total. using this subscription pricing model, this consumer would demand sessions. under this scenario, consumer surplus is $ and producer surplus is $ . (hint: for consumer surplus, consider how much total value the consumer places on all sessions, versus the total price paid.)