(Effect of different measurement focuses and bases of accounting)Following are some of Vista Village’s events during calendar year 2019. For each event, state (a) the amount the Village would report as expenditures if the event occurred in a governmental‑type fund and (b) the amount it would report as expenses if the event occurred in an Enterprise Fund (1) An invoice in the amount of $26,000 for electricity services for the month of December was received and paid in January, 2020.
(2) The amount owed to employees for compensated absences increased from $720,000 to $765,000 during the year. Employees are permitted to receive payment for unused compensated absences when they retire; at year‑end, however, none of the employees had retired.
(3) At December 31, 2019 interest accrued on outstanding long‑term debt amounted to $63,000. The interest was due to be paid on May 1, 2020

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below.a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below.a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02