A company has $10,000 under-applied overhead at the end of a given period. The following information is given: Account Ending balance Overhead applied in the account Work-in-process $100,000 $30,000 Finished goods $80,000 $20,000 Cost of goods sold $220,000 $50,000 The Manufacturing overhead control has a balance of some amount of x (not revealed) before closing. The Applied manufacturing overhead has a balance of some other amount of y (not revealed) before closing. The company uses the proration method to allocate the under-applied overhead to the above accounts. The necessary journal entry does not include a: A. debit to Work-in-process for $3,000. B. credit to Cot of Goods Sold for $5,000. C. debit to Applied manufacturing overhead for $y.

Which of the following statements is true about financial planning

Mr. smith recently faced a choice between being (a) an economics profes-sor, which pays $60,000/yr, or (b) a safari leader, which pays $50,000/yr. after careful deliberation, smith took the safari job, but it was a close call. "for a dollar more," he said, "i'd have gone the other way."now smith's brother-in-law approaches him with a business proposition. the terms are as follows: - smith must resign his safari job to work full-time in his brother-in-law's business.- smith must give his brother-in-law an interest-free loan of $100,000, which will be repaid in full if and when smith leaves the business. (smith currently has much more than $100,000 in the the business will pay smith a salary of $70,000/yr. he will receive no other payment from the business.the interest rate is 10 percent per year. apart from salary considerations, smith feels that working in the business would be just as enjoyable as being an economics professor. for simplicity, assume there is no uncertainty regarding either smith's salary in the proposed business or the security of his monetary investment in it. should smith join his brother-in-law and, if so, how small would smith's salary from the business have to be to make it not worthwhile for him to join? if not, how large would smith's salary from the business have to be to make it worthwhile for him to join?

Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.