Under swan company's cafeteria plan, all full-time employees are allowed to select any combination of the following benefits, but the total received by each employee cannot exceed $8,000 a year. i group medical and hospitalization insurance for the employee, $3,600 a year. ii group medical and hospitalization insurance for the employee's spouse and children, $1,200 a year. iii. child care payments, actual cost but not more than $4,800 a year. iv. cash required to bring the total of benefits and cash to $8,000. which of the following statements is true? a. sam, a full-time employee, selects choices ii and iii and $2,000 cash. his gross income must include the $2,000.
b. paul, a full time employee, elects to receive $8,000 cash because his wife's employer provided these same insurance benefits for him. paul is not required to include the $8,000 in gross income.
c. sue, a full-time employee, elects to receive choices i, ii and $3,200 for iii. sue is required to include $3,200 in gross income.
d. all of these.
e. none of these.

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)

During the year, the delph company had no beginning or ending inventories and it started, completed, and sold only two jobs—job d-75 and job c-100. it provided the following information related to those two jobs: job d-75: molding fabrication total direct materials cost $ 375,000 $ 325,000 $ 700,000 direct labor cost $ 200,000 $ 160,000 $ 360,000 machine-hours 15,000 5,000 20,000 job c-100: molding fabrication total direct materials cost $ 300,000 $ 250,000 $ 550,000 direct labor cost $ 175,000 $ 225,000 $ 400,000 machine-hours 5,000 25,000 30,000delph had no overapplied or underapplied manufacturing overhead during the year. assume delph uses a plantwide overhead rate based on machine-hours.1-a. compute the predetermined plantwide overhead rate.1-b. compute the total manufacturing costs assigned to job d-70 and job c-200.1-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 1-d. what is delph's cost of goods sold for the year? assume delph uses departmental overhead rates based on machine-hours.2-a. compute the predetermined departmental overhead rates.2-b. compute the total manufacturing costs assigned to job d-70 and job c-200.2-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 2-d. what is delph's cost of goods sold for the year?

Which of the statements is true about the values recorded in the balance sheet of a firm?