Wright maintains an ending inventory for each month in the amount of two times the expected sales in the following month. the ending inventory for february (march’s beginning inventory) reflects this policy. materials cost $6 per unit and are paid for in the month after production. labor cost is $10 per unit and is paid for in the month incurred. fixed overhead is $18,500 per month. dividends of $21,300 are to be paid in may. the firm produced 18,000 units in february. complete a production schedule and a summary of cash payments for march, april, and may. remember that production in any one month is equal to sales plus desired ending inventory minus beginning inventory.

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

answer; comparing the additional benefits and costs;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.