10 Beginning inventory at these costs on July 1 was 8,500 units. From July 1 to December 1, Convey produced 21,000 units. These unit had a material cost of $10 per unit. The costs for labor and overhead were the same. Convex uses FIFO inventory accounting a. Assuming that Convex sold 23,000 units during the last six months of the year at $20 each, what would gross profit be? 33 ints Gross profit 187,500 BOO% References b. What is the value of ending inventory? Ending inventory​

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?