The accounting records of omar company contained the following information for last year: beginning ending direct materials $9,000 $7,000 work in process $17,000 $31,000 finished goods $10,000 $15,000 manufacturing costs incurred direct materials $72,000 overhead $24,000 direct labor cost (10,000 $80,000 $10,000 $12,000 $8,000 cost of goods $157,000* * selling and administrative costs incurred $35,000 $20,000 $25,000 *does not include over- or underapplied overhead. q1. the amount of direct material purchased during the year was:

Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is: