Larkin company accumulated the following standard cost data concerning product i-tal.

direct materials per unit: 2.10 pounds at $6.36 per pound
direct labor per unit: 5.26 hours at $10 per hour
manufacturing overhead: allocated based on direct labor hours at a predetermined rate of $19.00 per direct labor hour
compute the standard cost of one unit of product i-tal. (round answer to 2 decimal places, e. g. 2.75.)standard cost $

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

Which of the statements is true about the values recorded in the balance sheet of a firm?

Why is the type of product sold in an industry an important characteristic? a firm that can differentiate its product from that of rivals may be able to charge a higher price for a superior product. a firm that sells intangible goods is usually considered a monopoly. service industries cannot differentiate their products, which makes it easy for new firms to enter the industry. expensive products are usually sold by perfectly competitive firms.