Anthony Thomas Candies (ATC) reported the following financial data for 2021 and 2020:

2021 2020
Sales $318,000 $294,000
Sales returns and allowances 8,300 4,900
Net sales $309,700 $289,100
Cost of goods sold:
Inventory, January 1 48,000 20,000
Net purchases 135,000 135,000
Goods available for sale 183,000 155,000
Inventory, December 31 63,000 48,000
Cost of goods sold 120,000 107,000
Gross profit $189,700 $182,100

ATC's gross profit ratio (rounded) in 2021 is .

Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40

The gorman group is a financial planning services firm owned and operated by nicole gorman. as of october 31, 2016, the end of the fiscal year, the accountant for the gorman group prepared an end-of-period spreadsheet, part of which follows: