On april 1, marin inc. began operations. the following transactions were completed during the month. 1. issued common stock for $18,700 cash. 2. obtained a bank loan for $5,500 by issuing a note payable. 3. paid $8,600 cash to buy equipment. 4. paid $900 cash for april office rent. 5. paid $1,150 for supplies. 6. purchased $470 of advertising in the daily herald, on account. 7. performed services for $14,000: cash of $1,560 was received from customers, and the balance of $12,440 was billed to customers on account. 8. paid $310 dividend to stockholders. 9. paid the utility bill for the month, $1,560. 10. paid daily herald the amount due in transaction (6). 11. paid $30 of interest on the bank loan obtained in transaction (2). 12. paid employees’ salaries, $4,990. 13. received $9,360 cash from customers billed in transaction (7). 14. paid income tax, $1,170. jurnalize the transactions.

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.

Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?