At may 31, 2017, the accounts of lopez company show the following.1. may 1 inventories—finished goods $15,100, work in process $15,900, and raw materials $8,600.2. may 31 inventories—finished goods $9,700, work in process $16,400, and raw materials $7,900.3. debit postings to work in process were direct materials $63,800, direct labor $51,600, and manufacturing overhead applied $40,100.4. sales revenue totaled $216,400. at may 31, 2017, the accounts of lopez company shoat may 31, 2017, the accounts of lopez company sho prepare a condensed cost of goods manufactured schedule. prepare an income statement for may through gross profit. indicate the balance sheet presentation of the manufacturing inventories at may 31, 2017.

Who is better at multi-tasking? in business, employees are often asked to perform a complex task when their atten-tion is divided (i.e., multi-tasking). human factors (may 2014) published a study designed to determine whether video game players are better than non–video game play-ers at multi-tasking. each in a sample of 60 college stu-dents was classified as a video game player or a non-player. participants entered a street crossing simulator and were asked to cross a busy street at an unsigned intersec-tion. the simulator was designed to have cars traveling at various high rates of speed in both directions. during the crossing, the students also performed a memory task as a distraction. two variables were measured for each student: (1) a street crossing performance score (measured out of 100 points) and (2) a memory task score (measured out of 20 points). the researchers found no differences in either the street crossing performance or memory task score of video game players and non-gamers. “these results,” say the researchers, “suggest that action video game players [and non-gamers] are equally susceptible to the costs of dividing attention in a complex task”

Which of the following is an example of a production quota? a. the government sets an upper limit on the quantity that each dairy farmer can produce. b. the government sets a price floor in the market for dairy products. c. the government sets a lower limit on the quantity that each dairy farmer can produce. d. the government guarantees to buy a specified quantity of dairy products from farmers.

Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?