He budgeted conversion costs for a just-in-time cell are $244,720 for 3,800 production hours. each unit produced by the cell requires 45 minutes of cell process time. during the month, 2,100 units are manufactured in the cell. the estimated materials cost is $50 per unit. what would be the journal entry if 2,000 units are completed and placed into finished goods? a. raw and in process inventory228,800 finished goods inventory228,800 b. finished goods inventory228,800 raw and in process inventory228,800 c. raw and in process inventory196,600 finished goods inventory196,600 d. finished goods inventory196,600 raw and in process inventory196,600

Aiden is 19 years old, unmarried, and was a first-year full-time student working on a degree in accounting during 2018. he has never had a felony drug conviction. aiden did not provide more than half of his own support and can be claimed as a dependent by his mother. aiden’s income was $4,000 in wages working as a part-time cook at a fast food restaurant. aiden received form 1098-t indicating $5,000 for payments received for qualified tuition and related expenses in box 1. he received $8,500 in scholarships and grants, which was reported in box 5. aiden’s scholarship was used to pay for room and board, tuition, and books. the cost of his books was $845. aiden is a u.s. citizen with a valid social security number. 1. which of the following statements is true? a. the portion of the scholarship that was not used for qualified educational expenses must be included in aiden's income. b. the amount spent on books is not a qualified education expense. c. the taxable portion of the scholarship must be reported on aiden's mother’s return. d. none of aiden's scholarship is taxable.