Acompany manufactured 1,000 units of product during the year and sold 800 units. costs incurred during the current year are as follows:
direct materials and direct labor $7,000
indirect materials and indirect labor 2,000
insurance on manufacturing equipment 3,000
advertising 1,000
1. what amount should be reported as inventory in the company’s year-end balance sheet?

The questions of economics address which of the following ? check all that apply

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions