Bartelt Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of units produced 5,900 Variable costs per unit: Direct materials $ 66 Direct labor $ 60 Variable manufacturing overhead $ 7 Variable selling and administrative expenses $ 15 Fixed costs: Fixed manufacturing overhead $ 200,600 Fixed selling and administrative expenses $ 454,300 There were no beginning or ending inventories. The absorption costing unit product cost was

(blank) is the type of competition that occurs in a competitive market without identical producers.

Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

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