Presented below is income statement and dividend information of the nebraska corporation for the year ended december 31, 2021. sales revenue $ 620,000 cost of goods sold $ 355,000 salaries expense 90,000 insurance expense 20,000 dividend revenue 3,000 depreciation expense 18,000 miscellaneous expense 12,000 administrative expense 35,000 loss on sale of investments 8,000 rent expense 10,000 dividends 5,000 required: prepare the necessary closing entries at december 31, 2021.

Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

bradford, inc., expects to sell 9,000 ceramic vases for $21 each. direct materials costs are $3, direct manufacturing labor is $12, and manufacturing overhead is $3 per vase. the following inventory levels apply to 2019: beginning inventory ending inventory direct materials 3,000 units 3,000 units work-in-process inventory 0 units 0 units finished goods inventory 300 units 500 units what are the 2019 budgeted production costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?