The manager at Jerome Mobility, Inc. reported the following information for 2017:

Actual Results Static Budget
Units sold 1,700 units 1,500 units
Revenues $221,000 $195,000
Variable costs Direct materials 70,000 60,000
Direct manufacturing labor 36,500 31,500
Variable manufacturing overhead 16,000 13,500
Total variable costs 122,500 105,000
Contribution margin 98,500 90,000
Fixed costs 51,000 50,000
Operating income $47,500 $40,000

What is the static-budget variance for operating income for Jerome Mobility Inc. for 2017?

From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements. the organization's hierarchy, functional specialties, business processes, culture, and political interest groups are components of which element of information systems?

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u. s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.

Explain the relationship between consumers and producers in economic growth and activity