WellminusBread Grain Company is a priceminus
taker
and uses target pricing. The company has just done an analysis of its​ revenues, costs, and desired profits and has calculated its target full product cost. Assume all products produced are sold. Refer to the following​ information:
Target full product cost

​$510,000

per year
Actual fixed cost

​$280,000

per year
Actual variable cost

​$2

per unit
Production volume

​150,000

units per year
Actual costs are currently higher than target full product cost. Assuming that fixed costs cannot be​ reduced, what is the target variable cost per​ unit? (Round your answer to the nearest​ cent.)
A.
​$2.00
B.
​$3.40
C.
​$1.87
D.
​$1.53

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

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.