Olsen Company paid or collected during 2014 the following items:

Insurance premiums paid $25,800
Interest collected 62,800
Salaries paid 260,400

The following balances have been excerpted from Olsen's balance sheets:

December 31, 2014 December 31, 2013
Prepaid insurance $2,400 $3,000
Interest receivable 7,400 5,800
Salaries and wages payable 24,600 21,200

The interest revenue on the income statement for 2014 was

Select one:

A. $49,600.
B. $76,000.
C. $61,200.
D. $64,400.

Kando company incurs a $9 per unit cost for product a, which it currently manufactures and sells for $13.50 per unit. instead of manufacturing and selling this product, the company can purchase product b for $5 per unit and sell it for $12 per unit. if it does so, unit sales would remain unchanged and $5 of the $9 per unit costs assigned to product a would be eliminated. 1. prepare incremental cost analysis. should the company continue to manufacture product a or purchase product b for resale? (round your answers to 2 decimal places.)

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.