The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020.

Raw Materials Inventory 7/1/19 $58,100 Factory Insurance $4,800
Raw Materials Inventory 6/30/20 46,600 Factory Machinery Depreciation 17,100
Finished Goods Inventory 7/1/19 99,700 Factory Utilities 29,400
Finished Goods Inventory 6/30/20 21,900 Office Utilities Expense 9,350
Work in Process Inventory 7/1/19 21,200 Sales Revenue 560,500
Work in Process Inventory 6/30/20 29,400 Sales Discounts 4,700
Direct Labor 147,550 Plant Manager’s Salary 63,400
Indirect Labor 25,360 Factory Property Taxes 9,910
Accounts Receivable 28,000 Factory Repairs 2,500
Raw Materials Purchases 97,300 Cash 39,200

Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.)

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:

Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.