Cost of goods manufactured, cost identification, solving for unknowns allright test design company creates, produces, and sells internet-based cpa and cma review courses for individual use. davis webber, head of human resources, is convinced that question development employees must have strong analytical and problem-solving skills. he asked andrea benson, controller for allright test design, to develop problems for use in screening applicants before they are interviewed. one of the problems andrea developed is based on the following data for a mythical company (mythic, inc.) for the previous year: conversion cost was $131,000 and was four times the prime cost. direct materials used in production equaled $4,600. cost of goods manufactured was $145,100. ending work in process is 50 percent of the cost of beginning work in process. there are no beginning or ending inventories for direct materials. cost of goods sold was 110 percent of cost of goods manufactured. beginning finished goods inventory was $22,530. required: 1. using the above information, prepare a cost of goods manufactured statement.

​participate in networking opportunities that allow you to get to know potential clients, other entrepreneurs, influential people in your community, etc. focus on doing everything you can to cultivate posting word of mouth advertisin

i have economics during second block which is easy to me. anyways, i think b.

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.