Beth sells candles from her website. she can get a candle from her suppliers at a cost of $3 to her. the candles have been selling for $5, and at this price, consumers have been buying a steady 4000 per month. beth would like to raise prices, but a market surveyor told her that for each increase of $1 in the price of an candle, she would lose 300 more sales each month. at what price should she sell the candles to maximize her profit?

Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?