Before the year began, mccrae, inc. estimated its manufacturing overhead costs for the year to be $400,000 and estimated that 20,000 machine hours would be logged during production. the company uses machine hours to apply manufacturing overhead to production. during the year, the company received an order from a customer for identical units of its most popular product. $1,000 in direct materials were requisitioned and $1,500 in direct labor costs were incurred during the production of the units. a total of 10 machine hours were logged during the production of the units. assuming a sales price of $543, the gross profit reported on each unit in the order equals $ explain how you determined your anser.

Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.