Gator Investments provides financial services related to investment selections, retirement planning, and general insurance needs. At the end of the year on December 31, 2021, the company reports the following amounts: Advertising expense $31,700 Service revenue $118,600
Buildings 132,000 Interest expense 1,700
Salaries expense 63,300 Utilities expense 13,700
Accounts payable 4,600 Equipment 18,000
Cash 3,700 Notes payable 21,000
In addition, the company had common stock of dollar 100.000 at the beginning of the year and issued an additional dollar 12,000 during the year. The company also had retained earnings of dollar 27,300 at the beginning of the year and paid dividends of dollar 5,000.
Required:
1. Prepare the income statement for Gator Investments.
2. Prepare the statement of stockholders' equity for Gator Investments.
3. Prepare the balance sheet for Gator Investments.

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen

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