Dowell Company produces a single product. Its income statements under absorption costing for its first two years of operation follow. 2014 2015Sales ($46 per unit) $ 1,104,000 $ 2,024,000Cost of goods sold ($31 per unit) 744,000 1,364,000Gross margin 360,000 660,000Selling and administrative expenses 293,000 333,000Net income $ 67,000 $ 327,000Additional Informationa. Sales and production data for these first two years follow. 2014 2015Units produced 34,000 34,000Units sold 24,000 44,000b. Variable cost per unit and total fixed costs are unchanged during 2014 and 2015. The company's $31 per unit product cost consists of the following. Direct materials $5Direct labor 8Variable overhead 8Fixed overhead ($340,000/34,000 units) 10Total product cost per unit $31c. Selling and administrative expenses consist of the following. 2014 2015Variable selling and administrative expenses ($2 per unit)$ 48,000 $88,000Fixed selling and administrative expenses 245,000 245,000Total selling and administrative expenses $ 293,000 333,0001. Complete income statements for the company for each of its first two years under variable costing.(Loss amounts should be entered with a minus sign.)2. What are the differences between the absorption costing income and the variable costing income for these two years?

Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court. the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court. because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located. because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center. because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.

Search engines generate revenue through pay-per-click (each time a user clicks a link to a retailer’s website); pay-per-call (each time a user clicks a link that takes the user to an online agent waiting for a call); or pay-per-conversion (each time a website visitor is converted to a customer)

Afirm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. either of two processes could be used for in-house production; process a would have an annual fixed cost of $200,000 and a variable cost of $7 per unit, and process b would have an annual fixed cost of $175,000 and a variable cost of $8 per unit. determine the range of annual volume for which each of the alternatives would be best. (round your first answer to the nearest whole number. include the indifference value itself in this answer.)