Indicate the missing amount for each letter. Case
1 2
Direct materials used $9,780 $ 3030 (g)
Direct labor 5,950 8,300
Manufacturing overhead 8,870 4,880
Total manufacturing costs 24600 (a) 16,210
Beginning work in process inventory1,510 10060 (h)
Ending work in process inventory 8140 (b) 3,650
Sales revenue 25,780 33710
(i) Sales discounts 2,810 2,070
Cost of goods manufactured 17,970 22,620
Beginning finished goods inventory 4890 (c) 4,030
Goods available for sale 22,860 26650 (j)
Cost of goods sold 19140 (d) 23540 (k)
Ending finished goods inventory 3,720 3,110
Gross profit 3830 (e) 8,100
Operating expenses 3,510 2770
(l) Net income 320 (f) 5,330

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

In a chapter 7 bankruptcy, a debtor:

Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?