Emigh corporation’s cost of goods manufactured for the just completed month was $146,000 and its overhead was overapplied by $5,000. the beginning finished goods inventory was $35,000 and the ending finished goods inventory was $37,000.the company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold. how much was the adjusted cost of goods sold on the schedule of cost of goods sold?

(a) $144,000
(b) $146,000
(c) $181,000
(d) $139,000

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

The questions of economics address which of the following ? check all that apply

Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price