Following are two income statements for alexis co. for the year ended december 31. the left number column is prepared before adjusting entries are recorded, and the right column is prepared after adjusting entries. the company records cash receipts and payments related to unearned and prepaid items in balance sheet accounts. income statements for year ended december 31 unadjusted adjusted revenues fees earned $ 24,000 $ 30,000 commissions earned 42,500 42,500 total revenues $ 66,500 72,500 expenses depreciation expense—computers 0 1,500 depreciation expense—office furniture 0 1,750 salaries expense 12,500 14,950 insurance expense 0 1,300 rent expense 4,500 4,500 office supplies expense 0 480 advertising expense 3,000 3,000 utilities expense 1,250 1,320 total expenses 21,250 28,800 net income $ 45,250 $ 43,700 analyze the statements and prepare the seven adjusting entries that likely were recorded. hint: entry for a refers to fees that have been earned but not yet billed. none of the entries involve cash.

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Laval produces lamps and home lighting fixtures. its most popular product is a brushed aluminum desk lamp. this lamp is made from components shaped in the fabricating department and assembled in the assembly department. information related to the 22,000 desk lamps produced annually follows.direct materials $280,000direct labor fabricating department (8,000 dlh × $24 per dlh) $192,000assembly department (16,600 dlh × $26 per dlh) $431,600machine hours fabricating department $15,200mhassembly department $20,850mhexpected overhead cost and related data for the two production departments follow.fabricating assemblydirect labor hours 150,000dlh 295,000dlhmachine hours 161,000mh 128,000mhoverhead cost $400,000 430,000required1. determine the plantwide overhead rate for laval using direct labor hours as a base.2. determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.3. compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.4. use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?