Susan company reported these income statement data for a 2-year period. 2022 2021 sales $315,000 $264,600 beginning inventory 50,400 37,800 cost of goods purchased 254,520 217,980 cost of goods available for sale 304,920 255,780 ending inventory 63,000 50,400 cost of goods sold 241,920 205,380 gross profit $73,080 $59,220 susan uses a periodic inventory system. the inventories at january 1, 2021 and december 31, 2022, are correct. however, the ending inventory at december 31, 2021 is overstated by $5,040. prepare correct income statement data for the 2 years.

Accublade castings inc. casts blades for turbine engines. within the casting department, alloy is first melted in a crucible, then poured into molds to produce the castings. on may 1, there were 230 pounds of alloy in process, which were 60% complete as to conversion. the work in process balance for these 230 pounds was $32,844, determined as follows: exercises during may, the casting department was charged $350,000 for 2,500 pounds of alloy and $19,840 for direct labor. factory overhead is applied to the department at a rate of 150% of direct labor. the department transferred out 2,530 pounds of finished castings to the machining department. the may 31 inventory in process was 44% complete as to conversion. prepare the following may journal entries for the casting department: the materials charged to production the conversion costs charged to production the completed production transferred to the machining department determine the work in process"casting department may 31 balance.

Which are the best examples of costs that should be considered when creating a project budget?

The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is