In November, you sold 1,000 units at a price of $20 per unit. COGS for November totaled $10,000, and SG&A costs totaled $8,000. In December, you expect to sell 1, 100 units at the same price. This is a short- charge, and 1, 100 units is in the relevant range. Compute expected profit for December. A. $2, 200 B. $3,000 C. $4,000 D. $3,000 E. not enough information Which of the following statements is correct? A. Direct materials costs are controllable in the short but not in the long term. B. Direct materials costs are controllable in the long term but not in the short term. C. Capacity costs are controllable in the short term but not in the long term D. Capacity costs are controllable in the short term but not in the long term. E. Both B and D Actual sales revenues in dollars is 16% lower than Actual sales volume in units is 5% higher than budgeted. Actual sales price is 20% lower than budgeted. Actual input quantity per unit is 2% lower than budgeted. Actual input price is 4% higher than budgeted. Which of the following is true: A. Sales volume variance is favorable and input quantity variance is favorable. B. Sales volume variance is favorable and input quantity variance is unfavorable. C. Sales volume variance is unfavorable and input quantity variance is favorable. D. Sales volume variance is unfavorable and input quantity variance is unfavorable E. Not enough information Profit before taxes is $2,000, invested capital is $7,000, current assets are $1, 500, current liabilities are $1,000, WACC is 10%, and the tax rate is 30%. Compute the Economic Value Added (EVA) A. 20% B. $700 C. $800 D. $850 E. $1, 400 At current production of 50 units, variable costs are $10 per unit and fixed costs are $4 per unit. Production is expected to increase to 60 units in the next period. This is a short-term changes within the relevant range. Predict total costs for the next period. A. $604 B. $700 C. $740 D. $800 E. $840