Indigo Co. made 4,000 units of a product during its first year of operations and sold 3,000 units for $652,400. There was no ending work-in-process inventory. Total costs were $642,000, consisting of the following:
Direct materials and direct labour $270,000
Manufacturing overhead (45% fixed) 210,000
Selling and administrative 162,000
Calculate the cost of 1,000 units of finished goods ending inventory under actual variable costing.

Why do police officers get paid less than professional baseball players?

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?

Why is investing in a mutual fund less risky than investing in a particular company’s stock?