29.A company produces 100 microwave ovens per month, each of which includes one electrical circuit. The company currently manufactures the circuit in-house but is considering outsourcing the circuits at a contract cost of $28 each. Currently, the cost of producing circuits in-house includes variable costs of $26 per circuit and fixed costs of $5,000 per month. The controller says that they should outsource production of the circuit, if it reduces fixed cost more than $200 per month. Is this statement true or false?

30.To accurately determine the financial performance of a company, it is necessary to compare the company's performance ________.

31.

MacMan, Inc. reported the following data:

	2019	2018	Amount	Percentage
Revenues	$6,355	$4,930	$1,425	28.9%
Cost of goods sold	3,400	2,200	1,200	54.55%
Gross profit	2,955	2,730	225	8.24%
Operating expenses:
Sales and marketing expense	685	610	75	12.3.00%
General and administrative expenses	430	440	(10)	(2.27)%
Research and development expense	480	480	0	0%
Other expense	480	720	(240)	(33.33)%
Total operating expenses	2,075	2,250	(175)	(7.78)%
Income before income tax	880	480	400	83.33%
Income tax expense	240	260	$(20)	(7.69)%
Net income (loss)	$640	$220	$420	190.91%

The horizontal analysis shows that cost of goods sold has ________. (Round your answer to two decimal places.)

31.Leggero Corporation manufactures two styles of lamps

Bedford Lamp and Lowell Lamp. The following per unit data are available:

	Bedford Lamp	Lowell Lamp
Sales price	$30	$50
Variable costs	$20	$25
Machine hours required for one lamp	1	5

Total fixed costs are $42,000, and the machine hour capacity is 30,000 hours per year. The Lowell Lamp has the highest contribution margin per unit and also has the highest contribution margin per machine hour, so the company should focus sales on the Lowell Lamp

True Or False