Eddie is a sales rep for Phil's Pharmaceuticals. While attending a business convention, Eddie decides to visit his daughter at a nearby college. While driving he hits a pedestrian, Fiona, with his rental car. Fiona sues Phil's Pharmaceuticals for negligence. In order for Fiona to be successful, she must show that:. a. Eddie was on a "frolic"
b. Phil knew or should have known that Eddie was going to visit his daughter
c. Eddie had expressed authority to rent the car
d. Eddie was acting within the scope of employment
e. Eddie recklessly injured Fiona « Previous Next →

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.