Swiss furniture company manufactures bookshelves and uses an activityminus−based costing system. the following information is provided for the month of may: activity estimated indirect activity costs allocation base estimated quantity of allocation base materials handling $ 7 comma 700$7,700 number of parts 10 comma 43010,430 parts assembling $ 10 comma 600$10,600 number of parts 10 comma 43010,430 parts packaging $ 2 comma 640$2,640 number of units 1 comma 4901,490 bookshelves each bookshelf consists of 77 parts. the direct materials cost per bookshelf is $ 28$28. what is the cost of materials handling and assembling per bookshelf? (round all calculations to the nearest cent.)

According to the map, which continent has the most countries with a low gdp level? which two countries have the highest gdp level?

Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?

During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million