Richman co. purchased $600,000 of 8%, 5-year bonds from carlin, inc. on january 1, 2012, with interest payable on july 1 and january 1. the bonds sold for $624,948 at an effective interest rate of 7%. using the effective interest method, richman co. decreased the available-for-sale debt securities account for the carlin, inc. bonds on july 1, 2012 and december 31, 2012 by the amortized premiums of $2,124 and $2,196, respectively. at december 31, 2012, the fair value of the carlin, inc. bonds was $636,000. what should richman co. report as other comprehensive income and as a separate component of stockholders’ equity? question 16 options: $0 $4,320 $11,052 $15,372

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.