Oki Products, Ltd., has observed the following processing costs at various levels of activity over the last 15 months: MonthUnits ProducedProcessing Cost
14,500$38,000
211,000$52,000
312,000$56,000
45,500$40,000
59,000$47,000
610,500$52,000
77,500$44,000
85,000$41,000
911,500$52,000
106,000$43,000
118,500$48,000
1210,000$50,000
136,500$44,000
149,500$48,000
158,000$46,000
1) Find the High-low equation for this company
2) Use the High-low equation to predict the processing cost for month 20 when the company plans to produce 7,000 units
3) Use the High-low equation to predict the processing cost for month 21 when the company plans to produce 10,300 units.

Which of the following is an example of formal management controls? answers: a firm's culturethe willingness of employees to monitor each otherbudgeting and reporting activitiesmanagerial motivation

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?