Summit apparel has the following accounts at december 31: common stock, $1 par value, 1,400,000 shares issued; paid-in capital, $17.40 million; retained earnings, $10.40 million; and treasury stock, 54,000 shares, $1.188 million.

prepare the stockholders’ equity section of the balance sheet. (amounts to be deducted should be indicated with a minus sign. enter your answers in dollars, not in millions.)

find the additional paid-in capital, treasury stock, retained earnings.

and after additional paid-in capital, there is one more thing missing.

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.

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.

Robert is a district manager who oversees several store managers in a national chain of restaurants. robert reports directly to the vice president of stores and marketing, a member of top management. robert is a middle manager.t/f