Glossier Images Inc., produces decorative statues. Management has provided the following information: Actual sales 30 comma 000 statues Budgeted production 53 comma 000 statues Selling price $ 48.00 per statue Direct material costs $ 7.00 per statue Variable manufacturing costs $ 3.50 per statue Variable administrative costs $ 5.85 per statue Fixed manufacturing overhead $ 4.80 per statue What is the cost per statue if throughput costing is used?

Your aunt is thinking about opening a hardware store. she estimates that it would cost $300,000 per year to rent the location and buy the stock. in addition, she would have to quit her $45,000 per year job as an accountant. a. define opportunity cost. b. what is your aunt's opportunity cost of running a hardware store for a year? if your aunt thought she could sell $350,000 worth of merchandise in a year, should she open the store? explain.

marketing strategies should be established before marketing objectives are decided. t/f

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.