Following up on Question 1: During the month of April, 2017, Bloomfield sells 24 rulers, 15 mechanical pencils, and 35 notebooks. Using the full cost values you calculated above (i. e., including the additional expenditures), compute the cost per unit of inventory, in dollar and cents, but without a $ sign, e. g., xx. xx. 1. Rulers:
2. Pencils:
3. Notebooks:
Now calculate the cost of goods sold for the items sold during April. Enter your results in dollars and cents, without a $ sign, e. g., xx. xx. We’ll do this in steps:
1. Rulers:
2. Pencils:
3. Notebooks:
4. Total COGS:
Finally, calculate the carrying value of the inventory that remains after the April sales. Note: as an intermediate step, you’ll need to compute the number of units remaining in inventory for each category. But provide your answers below in dollars and cents without a $ sign, e. g., xx. xx.
1. Rulers:
2. Pencils:
3. Notebooks:
4. Total:

The law of demand is the assertion that ?

Instructions: use the following information to construct the 2000 balance sheet and income statement for carolina business machines. round all numbers to the nearest whole dollar. all numbers are in thousands of dollars. be sure to read the whole problem before you jump in and get started. at the end of 1999 the firm had $43,000 in gross fixed assets. in 2000 they purchased an additional $14,000 of fixed asset equipment. accumulated depreciation at the end of 1999 was $21,000. the depreciation expense in 2000 is $4,620. at the end of 2000 the firm had $3,000 in cash and $3,000 in accounts payable. in 2000 the firm extended a total of $9,000 in credit to a number of their customers in the form of accounts receivable. the firm generated $60,000 in sales revenue in 2000. their cost of goods sold was 60 percent of sales. they also incurred salaries and wages expense of $10,000. to date the firm has $1,000 in accrued salaries and wages. they borrowed $10,000 from their local bank to finance the $15,000 in inventory they now have on hand. the firm also has $7,120 invested in marketable securities. the firm currently has $20,000 in long-term debt outstanding and paid $2,000 in interest on their outstanding debt. over the firm's life, shareholders have put up $30,000. eighty percent of the shareholder's funds are in the form of retained earnings. the par value per share of carolina business machines stock is

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection