Crane Inc. had sales of $1,804,000 for the first quarter of 2020. In making the sales, the company incurred the following costs and expenses. Variable Fixed
Cost of goods sold $754,400 $360,800
Selling expenses 57,400 36,900
Administrative expenses 70,520 80,360
Prepare a CVP income statement for the quarter ended March 31, 2022.

Match the steps for conducting an informational interview with the tasks in each step.

Simon, aged 10, is invited to a classmate's birthday party at an exclusive ski resort on march 15th. the day will include 4 hours of snowboarding, lunch and birthday cake. simon's mother checks a box on the invitation that says "yes, we will attend" and returns it to the classmate's address. unfortunately, they later don't attend the party when simon comes down with the flu. on march 17th, simon's mother receives an invoice in the mail from simon's classmate for $35 that says, "party no-show fee." can simon's classmate collect the fee?

Afirm’s production function is represented by q(m, r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false