Beginning inventory at these costs on july 1 was 4,100 units. from july 1 to december 1, 20x1, bradley corporation produced 14,200 units. these units had a material cost of $4, labor of $6, and overhead of $4 per unit. bradley uses lifo inventory accounting. a. assuming that bradley corporation sold 17,400 units during the last six months of the year at $19 each, what is its gross profit?

Select the correct answer the smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive and financial benefit for the taxable year? a) they will not receive any financial benefit for adopting the child b) their income tax component will decrease c) they will receive childcare grants d) they will receive a tax credit for the cost borne for adopting the child e) they will receive several tax deductions