Which of the following statements regarding the center-of-gravity method is false?
a. the origin of the coordinate system and the scale used are arbitrary, just as long as the relative distances are correctly represented.
b. the weights used are the quantity of goods moved to or from each location. it is designed to minimize the maximum possible travel distance to any of the locations.
c. the optimal x- and y-coordinates are calculated separately.
d. the optimal solution is unconstrained, so it could suggest a location in the middle of a body of water.

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: