Fts sells a workbook with printed material unique to each course to each student who attends the course. any workbooks that are not sold must be destroyed. prior to the first class, fts printed 20 copies of the books based on the client’s estimate of the number of people who would attend the course. each workbook costs $30 and is sold to course participants for $50. this cost includes a royalty fee paid to the author and the cost of duplication. calculate the workbook cost in total and per student, assuming that 18, 20, or 22 students attempt to attend the course. classify the cost of workbooks as fixed or variable relative to the number of students attending the course.

Cindy recently played in a softball game in which she misplayed a ground ball for an error. later, in the same game, she made a great catch on a very difficult play. according to the self-serving bias, she would attribute her error to and her good catch to her

You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.