Micromedia offers computer training seminars on variety of topics. in the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. micormedia is currently planning a two-day seminar on the use of microsoft excel in statistical analysis. the projected fee for the seminar is $300 per student. the cost for the conference room, instructor compensation, lab assistants, and promotion is $4800. micromedia rents computers for its seminars at a cost of $30 per computer per day.
a. develop a model for the total cost to put on the seminar. let x represent the number of
students who enroll in the seminar.
b. develop a model for the total profit if x students enroll in the seminar.
c. micromedia has forecasted an enrollment of 30 students for the seminar. how much
profit will be earned if their forecast is accurate?
d. compute the breakeven point.

Accublade castings inc. casts blades for turbine engines. within the casting department, alloy is first melted in a crucible, then poured into molds to produce the castings. on may 1, there were 230 pounds of alloy in process, which were 60% complete as to conversion. the work in process balance for these 230 pounds was $32,844, determined as follows: exercises during may, the casting department was charged $350,000 for 2,500 pounds of alloy and $19,840 for direct labor. factory overhead is applied to the department at a rate of 150% of direct labor. the department transferred out 2,530 pounds of finished castings to the machining department. the may 31 inventory in process was 44% complete as to conversion. prepare the following may journal entries for the casting department: the materials charged to production the conversion costs charged to production the completed production transferred to the machining department determine the work in process"casting department may 31 balance.

The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.