S'round sound, inc. reported the following results from the sale of 24,000 units of it-54:

sales $528,000
variable manufacturing costs 288,000
fixed manufacturing costs 120,000
variable selling costs 52,800
fixed administrative costs 35,200

rhythm company has offered to purchase 3,000 it-54s at $16 each. sound has available capacity, and the president is in favor of accepting the order. she feels it would be profitable because no variable selling costs will be incurred. the plant manager is opposed because the "full cost" of production is $17.

which of the following correctly notes the change in income if the special order is accepted?

$3,000 decrease.
$3,000 increase.
$12,000 decrease.
$12,000 increase.
none of these.

During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?

Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a

Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries