Sequoyah, Inc. reports the following information: Units produced 560 units Units sold 560 units Sales price $ 120 per unit Direct materials $ 10 per unit Direct labor $ 30 per unit Variable manufacturing overhead $ 40 per unit Fixed manufacturing overhead $ 11 comma 000 per year Variable selling and administrative costs $ 5 per unit Fixed selling and administrative costs $ 15 comma 000 per year What is the unit product cost using variable costing?

answer; empowerment and collaboration;

answer90,000;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.

it's obviously d. it could be c though.