In june, erie plastics had an ending cash balance of $55,000. in july, the firm had total cash receipts of $70,000 and total cash disbursements of $10,000. the minimum cash balance required by the firm is $25,000. at the end of july, erie plastics hada. an excess cash balance of $90,000b. an excess cash balance of $0c. an excess cash balance of $115,000d. required financing of $25,000 e. none of the above

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:

In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:

The research of robert siegler and eric jenkins on the development of the counting-on strategy is an example of design.