Reynoso corporation manufactures titanium and aluminum tennis racquets. reynoso’s total overhead costs consist of assembly costs and inspection costs. the following information is available:

cost titaniium aluminum total cost

assembly 500 mach. hours 500 mach. hours $60,000
inspections 350 250 $100,000
2,100 labor hours 1,900 labor hours

reynoso is considering switching from one overhead rate based on labor hours to activity-based costing.
total overhead costs assigned to titanium racquets, using a single overhead rate, are

$80,000.

$84,000.

$100,000

$112,000.

Discuss how the resource-based view (rbv) of the firm combines the two perspectives of (1) an internal analysis of a firm and (2) an external analysis of its industry and its competitive environment. include comments on the different types of firm resources and how these resources can be used by a firm to build sustainable competitive advantages.

For a multistate lottery, the following probability distribution represents the cash prizes of the lottery with their corresponding probabilities. complete parts (a) through (c) below. x (cash prize, $) p(x) grand prizegrand prize 0.000000008860.00000000886 200,000 0.000000390.00000039 10,000 0.0000016950.000001695 100 0.0001582930.000158293 7 0.0039114060.003911406 4 0.0080465690.008046569 3 0.012865710.01286571 0 0.975015928140.97501592814 (a) if the grand prize is $13 comma 000 comma 00013,000,000, find and interpret the expected cash prize. if a ticket costs $1, what is your expected profit from one ticket? the expected cash prize is $nothing.

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