Touch of A Button Enterprises produces screens for use in various smartphones. The company reports the following information at December 31. Touch Of Upper A Button began operations on January 31 earlier that same year. Work in Process Finished Goods Wages Manufacturing Raw Materials Inventory Payable Overhead Inventory Inventory 6,500 43,000 26,500 126,000 57,500 33,000 70,000 70,000 126,000 115,000 60,000 10,000 43,000 41,500 Balance 0
Requirement 1.
What is the cost of direct materials used? The cost of direct materials used is:
Requirement 2. What is the cost of indirect materials used? The cost of indirect materials used is:
Requirement 3. What is the cost of direct labor?
The cost of direct labor is:

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies