Pa6.
lo 4.5during the year, a company purchased raw materials of $77,321, and incurred direct labor costs of $125,900. overhead is applied at the rate of 75% of the direct labor cost. these are the inventory balances:

compute the cost of materials used in production, the cost of goods manufactured, and the cost of goods sold.

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?