Achary Manufacturing Co. expects to make 31,100 chairs during the year 1 accounting period. The company made 4,800 chairs in January. Materials and labor costs for January were $16,500 and $26,000, respectively. Zachary produced 1,800 chairs in February. Material and labor costs for February were $9,500 and $12,500, respectively. The company paid the $622,000 annual rental fee on its manufacturing facility on January 1, year 1. Required Assuming that Zachary desires to sell its chairs for cost plus 45 percent of cost, what price should be charged for the chairs produced in January and February

1. demand terminology complete the following table by selecting the term that matches each definition. definition quantity demanded demand curve demand schedule law of demand a graphical object showing the relationship between the price of a good and the amount of the good that buyers are willing and able to purchase at various prices the amount of a good that buyers are willing and able to purchase at a given price a table showing the relationship between the price of a good and the amount that buyers are willing and able to purchase at various prices the claim that, with other things being equal, the quantity demanded of a good falls when the price of that good rises apply your understanding of the previous key terms by completing the following scenario with the appropriate terminology. your coworker becky is really concerned about a project that she has just been assigned. she is in charge of analyzing and determining conditions in the market for televisions from an extensive sales report. if becky's boss is interested in a graphical representation of the relationship between the pric