Marco plumbing supply has a pre-tax cost of debt of 7.6 percent, a cost of equity of 12.4 percent, and a cost of preferred stock of 8.5 percent. the firm has 410,000 shares of common stock outstanding at a market price of $19 a share. there are 30,000 shares of preferred stock outstanding at a market price of $31 a share. the bond issue has a face value of $550,000 and a market quote of 98.0. the company's tax rate is 32 percent. what is the firm's weighted average cost of capital

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.