The headline of a general motors advertisement in a reader’s digest magazine read, "i believe these kids will make great engineers. now i’ve got to make them believe it." the ad shows an engineer surrounded by seven young people. the ad copy talks about how general motors believes the more the company puts into the community, the more society will get out of the community. this advertisement is an example of a(n)

What is the difference between a public and a private corporation?

Select the correct answer. the word intestate means that a person has died with or without a will?

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.