Yesterday, bonds for Risky Corp were traded for the yield-to-maturity of 6.44%, which were downgraded by S&P from BBB to BB today. If everything else is constant from yesterday (expected inflation rate etc.), the bonds' YTM should be:

a. lower than the coupon rate.
b. lower than the current yield.
c. higher than 6.44%.
d. the same as yesterday.
e. None of the above

Kubin company’s relevant range of production is 18,000 to 22,000 units. when it produces and sells 20,000 units, its average costs per unit are as follows: average cost per unit direct materials $ 7.00 direct labor $ 4.00 variable manufacturing overhead $ 1.50 fixed manufacturing overhead $ 5.00 fixed selling expense $ 3.50 fixed administrative expense $ 2.50 sales commissions $ 1.00 variable administrative expense $ 0.50 required: 1. for financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. for financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. for financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units? 4. for financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?