Coles company, inc. makes and sells a single product, product r. three yards of material k are needed to make one unit of product r. budgeted production of product r for the next five months is as follows: august 14,000 unitsseptember 14,500 unitsoctober 15,500 unitsnovember 12,600 unitsdecember 11,900 unitsthe company wants to maintain monthly ending inventories of material k equal to 20% of the following month's production needs. on july 31, this requirement wasn't met because only 2,500 yards of material k were on hand. the cost of material k is $0.85 per yard. the company wants to prepare a direct materials purchase budget for the rest of the year. the total cost of material k to be purchased in august isa. $33,840.b. $48,200.c. $42,300.d. $40,970.

In the fall, jay thompson decided to live in a university dormitory. he signed a dorm contract under which he was obligated to pay the room rent for the full college year. one clause stated that if he moved out during the year, he could sell his dorm contract to another student who would move into the dormitory as his replacement. the dorm cost was $5000 for the two semesters, which jay had already paid a month after he moved into the dorm, he decided he would prefer to live in an apartment. that week, after some searching for a replacement to fulfill his dorm contract, jay had two offers. one student offered to move in immediately and to pay jay $300 per month for the eight remaining months of the school year. a second student offered to move in the second semester and pay $2500 to jay. jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment with three other students. his share of the apartment rent and utilities will be $404 per month. assume each semester is 4.5 months long. disregard the small differences in the timing of the disbursements or receipts. what is the cost of the cheapest alternative?

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries