Helix corporation produces prefabricated flooring in a series of steps carried out in production departments. all of the material that is used in the first production department is added at the beginning of processing in that department. data for may for the first production department follow: percent complete units materials conversion work in process inventory, may 1 76,000 100 % 40 % work in process inventory, may 31 56,000 100 % 25 % materials cost in work in process inventory, may 1 $ 60,000 conversion cost in work in process inventory, may 1 $ 17,800 units started into production 258,000 units transferred to the next production department 278,000 materials cost added during may $ 408,180 conversion cost added during may $ 256,680

Emil motycka is considered an entrepreneur because

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Explain the relationship between consumers and producers in economic growth and activity