Gleeson Corp. obtained the following information from its absorption costing accounting records: Operating Income $24,000 Total Product Costs incurred during the period $16,000 Value of Beginning Work-in-Process and Finished Goods Inventories $0 Value of Ending Work-in-Process and Finished Goods Inventories $0 Sales $50,000 The total Period Costs incurred this period equals: Select one: A. $20,000 B. $10,000 C. $15,000 D. $48,000

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.

According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%

What are six resources for you decide which type of business to start and how to start it?