Data concerning lemelin corporation's single product appear below: per unit percent of sales selling price $ 230 100 % variable expenses 115 50 % contribution margin $ 115 50 % the company is currently selling 7,000 units per month. fixed expenses are $581,000 per month. the marketing manager believes that an $11,000 increase in the monthly advertising budget would result in a 100 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?

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Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.