Mandy corporation sells a single product. budgeted sales for the year are anticipated to be 687,000 units, estimated beginning inventory is 110,000 units, and desired ending inventory is 90,000 units. the quantities of direct materials expected to be used for each unit of finished product are given below. material a 0.50 lb. per unit @ $0.63 per pound material b 1.00 lb. per unit @ $2.42 per pound material c 1.20 lb. per unit @ $0.86 per pound the dollar amount of material b used in production during the year is a. $2,421,210 b. $1,614,140 c. $1,936,968 d. $1,291,312

The leading producer of cell phone backup batteries, jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive. even so, another company that produces lower-quality batteries at the same price has also achieved some success, but not as much as jumpstart. also, in general, the price of backup batteries has declined because of economies of scale and learning. in addition, jumpstart has added complementary assets, such as a carrying case. considering all of these factors, the backup battery industry is most likely in the introduction stage. growth stage. shakeout stage. maturity stage.

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.