Gomez, inc. began work in 2018, which provided for a contract price of $19,200,000. other details follow: 2018 2019 costs incurred during the year $3,200,000 $9,800,000 estimated costs to complete, as of december 31 9,600,000 0 billings during the year 3,600,000 14,400,000 collections during the year 2,400,000 15,600,000 reference: ref 18-4 assume that gomez uses the percentage-of-completion method of accounting. the portion of the total gross profit to be recognized as income in 2018 is: a. $1,600,000. b. $1,200,000. c. $6,400,000. d. $4,800,000.

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.

Laval produces lamps and home lighting fixtures. its most popular product is a brushed aluminum desk lamp. this lamp is made from components shaped in the fabricating department and assembled in the assembly department. information related to the 22,000 desk lamps produced annually follows.direct materials $280,000direct labor fabricating department (8,000 dlh × $24 per dlh) $192,000assembly department (16,600 dlh × $26 per dlh) $431,600machine hours fabricating department $15,200mhassembly department $20,850mhexpected overhead cost and related data for the two production departments follow.fabricating assemblydirect labor hours 150,000dlh 295,000dlhmachine hours 161,000mh 128,000mhoverhead cost $400,000 430,000required1. determine the plantwide overhead rate for laval using direct labor hours as a base.2. determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.3. compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.4. use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.

Serious question, which is preferred in a business? pp or poopoo?