The Camel Company produces 11,300 units of item Roto 454 annually at a total cost of $242,000. Direct materials $ 33,000 Direct labor 68,000 Variable overhead 58,000 Fixed overhead 83,000 Total $ 242,000 The Yukon Company has offered to supply 11,300 units of Roto 454 per year for $18 per unit. If Camel accepts the offer, $3 per unit of the fixed overhead would be saved. In addition, some of Camel's facilities could be rented to a third party for $16,300 per year. What are the relevant costs for the "make" alternative

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be

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