Sartain corporation is in the process of preparing its annual budget. the following beginning and ending inventory levels are planned for the year.

beginning inventory ending inventory
finished goods (units) 28,000 78,000
raw material (grams) 58,000 48,000

each unit of finished goods requires 3 grams of raw material.

if the company plans to sell 630,000 units during the year, how much of the raw material should the company purchase during the year?

2,040,000 grams

2,058,000 grams

2,030,000 grams

2,088,000 grams

On january 1, jackson, inc.'s work-process inventory account showed a balance of $ 66,500. during the year, materials requisitioned for use in production amounted to $ 70,500, of which $ 67,700 represented direct materials. factory wages for the period were $ 210,000 of which $ 187,000 were for direct labor. manufacturing overhead is allocated on the basis of 60% of direct labor cost. actual overhead was $ 116,050. jobs costing $ 353,060 were completed during the year. the december 31 balance in work-process inventory is

According to this excerpt, a key part of our national security strategy is

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?