TB MC Qu. 05-174 A manufacturer reports the following information... A manufacturer reports the following information below for its first three years in operation. Year 1 Year 2 Year 3 Income under variable costing$76,000 $109,000 $115,000 Beginning inventory (units) 0 800 500 Ending inventory (units) 800 500 0 Fixed manufacturing overhead per unit$8.00 $8.00 $8.00 Income for year 3 using absorption costing is: Multiple Choice $109,000. $117,000. $106,600. $115,000. $111,000.

Will you use single-entry bookkeeping or double-entry bookkeeping? explain why.

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?

A. calculate the payoff and profit at expiration for the february 190 calls, if you purchase the option at the stated price and at expiration the stock price is $195. b. calculate the payoff and profit at expiration for the february 195 puts, if you purchase the option at the stated price and at expiration the stock price is $195.