Sales price per case (12 jars per case)$32.00 Direct Material cost per case$15.00 Direct Labor cost per case$ 6.00 Variable Manufacturing Overhead per case$ 3.00 Total Fixed Manufacturing Overhead costs for the year $90,000 Total Fixed selling and administrative costs for the year $20,000 Forecasted sales and production for the year are 30,000 cases. Prepare a traditional absorption income statement for the year using the data provided. Ignore income taxes.

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?

Happy foods and general grains both produce similar puffed rice breakfast cereals. for both companies, thecost of producing a box of cereal is 45 cents, and it is not possible for either company to lower their productioncosts any further. how can one company achieve a competitive advantage over the other?