Neef Corporation has provided the following data for its two most recent years of operation:

Selling price per unit $84
Manufacturing costs:
Variable manufacturing cost per unit produced:
Direct materials $12
Direct labor $5
Variable manufacturing overhead $4
Fixed manufacturing overhead per year $432,000
Selling and administrative expenses:
Variable selling and administrative expense-
per unit sold $5
Fixed selling and administrative expense per year $61,000

Year 1 Year 2
Units in beginning inventory 0 3,000
Units produced during the year 12,000 9,000
Units sold during the year 9,000 10,000
Units in ending inventory 3,000 2,000

The net operating income (loss) under variable costing in Year 2 is closest to:

a) $580,000. b) $630,000. c) $75,000. d) $87,000.

Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price

Need true or false 1 2 3 4 5 6 7 8

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?