Great harvest bakery purchased bread ovens from new morning bakery. new morning bakery was closing its bakery business and sold its two-year-old ovens at a discount for $695,000. great harvest incurred and paid freight costs of $32,500, and its employees ran special electrical connections to the ovens at a cost of $4,500. labor costs were $35,300. unfortunately, one of the ovens was damaged during installation, and repairs cost $4,500. great harvest then consumed $850 of bread dough in testing the ovens. it installed safety guards on the ovens at a cost of $1,450 and placed the machines in operation. prepare a schedule showing the amount at which the ovens should be recorded in great harvest’s equipment account.

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is:

15. chef a insists that roux is the traditional thickener for bisque. chef b insists that it's rice. which chef is correct? a. neither chef is correct. b. both chefs are correct. c. chef b is correct. d. chef a is correct.