The following calendar year-end information is taken from the december 31, 2017, adjusted trial balance and other records of leone company. advertising expense $ 27,500 direct labor $ 694,100 depreciation expense—office equipment 9,600 income taxes expense 299,200 depreciation expense—selling equipment 10,700 indirect labor 55,800 depreciation expense—factory equipment 30,100 miscellaneous production costs 10,700 factory supervision 145,600 office salaries expense 67,000 factory supplies used 8,700 raw materials purchases 960,000 factory utilities 40,000 rent expense—office space 26,000 inventories rent expense—selling space 28,400 raw materials, december 31, 2016 158,900 rent expense—factory building 79,100 raw materials, december 31, 2017 176,000 maintenance expense—factory equipment 38,400 work in process, december 31, 2016 19,200 sales 4,596,400 work in process, december 31, 2017 21,600 sales salaries expense 390,100 finished goods, december 31, 2016 163,600 finished goods, december 31, 2017 136,700 required: prepare the company’s 2017 schedule of cost of goods manufactured.

Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?