Sport obermeyer (so) is a manufacturer of ski apparel. a ski jacket is sourced at a cost of $80 and sold for $125. one order is placed at the beginning of the season. currently, so disposes of any unsold jackets at the end of the season to outlet stores at $70. it costs $10 to hold a jacket in inventory for the entire season and then ship it to an outlet store. demand for ski jackets has been forecast to be normally distributed, with a mean of 4,000 and a standard deviation of 1,750. answer the following questions.

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?