You wish to endow a scholarship to be awarded to a student attending the college you remember so fondly. If you want the amount to be $2,000 next year, with a 3% increase each year to cover rising costs, how much do you need to donate today to ensure that the scholarship will last forever? The college will invest the funds you donate at 8.00% per year. A. $22,222B. $40,000C. $50,000D. $60,000E. $66,667

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000