Despite the growing popularity of the company’s new lec 90, profits have been declining steadily. management is beginning to believe that there may be a problem with the company’s costing system. direct material and direct labor costs per unit are as follows: lec 40 lec 90 direct materials $ 20.00 $ 52.00 direct labor (0.60 hours and 0.80 hours @ $15.00 per hour) $ 9.00 $ 12.00

Jaynet spends $30,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $85,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 40 paintings per year at a price of $4,000 each:

Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?

Based on what you learned about time management which of these statements are true