for each unit, $3,000 of direct material is used and there is $2,000 of direct manufacturing labor at $20 per hour. manufacturing overhead is applied at $25 per direct manufacturing labor hour. calculate the profit earned on 50 units

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

The hartman family is saving $400 monthly for ronald's college education. the family anticipates they will need to contribute $20,000 towards his first year of college, which is in 4 years .which best explain s whether the family will have enough money in 4 years ?

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.