Sweeties, inc., manufactures a sugar product by a continuous process involving three production departments—refining, sifting, and packing. assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, refining, were $381,000, $149,000, and $96,200, respectively. also, work in process in the refining department at the beginning of the period totaled $30,000, and work in process at the end of the period totaled $28,600.

required:

a.
(1) on september 30, journalize the entry to record the flow of costs into the refining department during the period for direct materials.*
(2) on september 30, journalize the entry to record the flow of costs into the refining department during the period for direct labor.*
(3) on september 30, journalize the entry to record the flow of costs into the refining department during the period for factory overhead.*
b. on september 30, journalize the entry to record the transfer of production costs to the second department, sifting.*
* refer to the chart of accounts for exact wording of account titles.

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?

You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take