The following partial information is taken from the comparative balance sheet of levi corporation: shareholders’ equity 12/31/2018 12/31/2017 common stock, $5 par; 23 million shares authorized; 18 million shares issued and 12 million shares outstanding at 12/31/2018; and shares issued and outstanding at 12/31/2017. $ 90 million $ 60 million additional paid-in capital on common stock 523 million 398 million retained earnings 200 million 160 million treasury common stock, at cost, 6 million shares at 12/31/2018 and 4 million shares at 12/31/2017 (73 million) (39 million) total shareholders’ equity $ 740 million $ 579 million what was the average price of the additional treasury shares purchased by levi during 2018?

Who collects federal taxes? a. irs b. ins c. treasury d. federal reserve

White company has two departments, cutting and finishing. the company uses a job-order costing system and computes a predetermined overhead rate in each department. the cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labor-hours. at the beginning of the year, the company made the following estimates: department cutting finishing direct labor-hours 6,000 30,000 machine-hours 48,000 5,000 total fixed manufacturing overhead cost $ 264,000 $ 366,000 variable manufacturing overhead per machine-hour $ 2.00 " variable manufacturing overhead per direct labor-hour " $ 4.00 required: 1. compute the predetermined overhead rate for each department. 2. the job cost sheet for job 203, which was started and completed during the year, showed the following: department cutting finishing direct labor-hours 6 20 machine-hours 80 4 direct materials $ 500 $ 310 direct labor cost $ 108 $ 360 using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to job 203. 3. would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates?

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.