Caterpillar manufactures construction equipment and recorded the following transactions for the just completed month. The company uses a job order costing system and had beginning balances of $10,000 in raw materials, $25,000 in work in process. and $0 for Finished goods. (a) $75,000 in raw materials were purchased for cash. (b) $63,000 in raw materials were requisitioned for use in production of cranes. Of this amount, $43,000 was for direct materials and the remainder was for indirect materials. (c) Total labor wages of $100,000 were incurred and paid in cash. Of this amount, $65,000 was for direct labor. (d) Additional manufacturing overhead costs of $70,000 were incurred and paid in cash. (e) Manufacturing overhead costs of $115,000 were applied to jobs using the company's predetermined overhead rate. (f) The ending balances of work in process inventory is $10,000 and Finished goods inventory is $20,000. (g) Underapplied or overapplied overhead for the month was closed out to Cost of Goods. a. Determine the ending inventory of raw materials. (3 points) b. Determine the cost of goods manufactured. (5 points) c. Assume cost of goods manufactured was $250,000, regardless of your answer in part b. What was the unadjusted cost of goods sold

Maldonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . suppose that maldonia and lamponia specialize in the production of the goods in which each has a comparative advantage. after specialization, the two countries can produce a total of million pounds of lemons and million pounds of coffee.

Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $58. a, compute the percentage total return. (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. what was the dividend yield and the capital gains yield? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.