Sheridan Company sells its product for $80 per unit. During 2019, it produced 60000 units and sold 50000 units (there was no beginning inventory).
Costs per unit are; direct materials $21, direct labor $14, and variable overhead $3.
Fixed costs are; $720000 manufacturing overhead, and $90000 selling and administrative expenses.
The per-unit manufacturing cost under variable costing is:

a) $38. b) $35. c) $50. d) $52.

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.