Randall company manufactures products to customer specifications. a job costing system is used to accumulate production costs. factory overhead cost was applied at 125% of direct labor cost. selected data concerning the past year's operation of the company are presented below. january 1 december 31 direct materials $ 80,000 $ 43,000 work in process 69,000 45,000 finished goods 118,000 103,000 other information direct materials purchases $ 327,000 cost of goods available for sale 956,000 actual factory overhead costs 263,000 the cost of goods manufactured during the year is:

Which result is a positive aspect of globalization?

What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u. s. b

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.)