Here are selected data for King Friday Corporation:

Beginning raw materials inventory $37,000

Beginning work in process inventory $61,600

Beginning finished goods inventory $56,300

Cost of materials purchased $151,000

Cost of direct materials requisitioned $91,800

Direct labor incurred $125,000

Actual manufacturing overhead $160,000

Cost of goods manufactured $287,500

Cost of goods sold $265,000

Predetermined Manufacturing

overhead rate (% of direct labour) 125%

What is the ending work in process inventory balance?

A. $220,300

B. $201,950

C. $147,150

D. $211,600

cranium, inc., purchases term papers from an overseas supplier under a continuous review system. the average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. it costs $60 to process each order and there is a five−day lead−time. the holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. cranium operates 200 days per year.what is the reorder point r to satisfy a 98% cycleminus−service level? a. greater than 1,700 unitsb. greater than 1,600 units but less than or equal to 1,700 unitsc. greater than 1,500 units but less than or equal to 1,600 unitsd. less than or equal to 1,500 units

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

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?