The Sunland Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. SUNLAND HOTEL Trial Balance May 31, 2022

Debit Credit
Cash $2,433
Supplies 2,600
Prepaid Insurance 1,800
Land 14,933
Buildings 72,400
Equipment 16,800
Accounts Payable $4,633
Unearned Rent Revenue 3,300
Mortgage Payable 38,400
Common Stock 59,933
Rent Revenue 9,000
Salaries and Wages Expense 3,000
Utilities Expense 800
Advertising Expense 500
$115,266 $115,266

Other data:
1. Insurance expires at the rate of $300 per month.
2. A count of supplies shows $1,090 of unused supplies on May 31.
3.
a. Annual depreciation is $3,240 on the building.
b. Annual depreciation is $2,640 on equipment.
4. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.)
5. Unearned rent of $2,650 has been earned.
6. Salaries of $710 are accrued and unpaid at May 31.

Required:
Journalize the adjusting entries on May 31.

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

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Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc