Mason pays $251 monthly for auto insurance. He had an accident involving another car. His insurance company paid $2500 to settle the claim. At the end of the year, did the insurance
company make a profit from Mason?

O No, the amount of the claim was more than a year's worth of payments.

O Yes, the year's worth of payments is more than the amount of the claim.

O Yes, the year's worth of payments is less than the amount of the claim.

O No, the amount of the claim was less than a year's worth of payments.

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was: