Maddie has been working as the creative head at juno designs for the past 25 years. although she likes her job, she has begun to feel like she is in a creative slump and has been considering leaving to start her own company. maddie will be eligible for retirement in five years. after discussing it with her husband, she decides that leaving now would be a mistake. after she retires, she will reconsider the idea of starting her own company. this is an example of commitment.

Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is: