Koontz company manufactures a number of products. the standards relating to one of these products are shown below, along with actual cost data for may. standard cost per unit actual cost per unit direct materials: standard: 1.80 feet at $3.00 per foot $ 5.40 actual: 1.80 feet at $3.30 per foot $ 5.94 direct labor: standard: 0.90 hours at $18.00 per hour 16.20 actual: 0.92 hours at $17.50 per hour 16.10 variable overhead: standard: 0.90 hours at $5.00 per hour 4.50 actual: 0.92 hours at $4.50 per hour 4.14 total cost per unit $ 26.10 $ 26.18 excess of actual cost over standard cost per unit $ 0.08 the production superintendent was pleased when he saw this rep

The following balance sheet for the los gatos corporation was prepared by a recently hired accountant. in reviewing the statement you notice several errors. los gatos corporation balance sheet at december 31, 2018 assets cash $ 44,000 accounts receivable 86,000 inventories 57,000 machinery (net) 122,000 franchise (net) 32,000 total assets $ 341,000 liabilities and shareholders' equity accounts payable $ 54,000 allowance for uncollectible accounts 7,000 note payable 59,000 bonds payable 112,000 shareholders' equity 109,000 total liabilities and shareholders' equity $ 341,000 additional information: cash includes a $22,000 restricted amount to be used for repayment of the bonds payable in 2022. the cost of the machinery is $194,000. accounts receivable includes a $22,000 note receivable from a customer due in 2021. the note payable includes accrued interest of $7,000. principal and interest are both due on february 1, 2019. the company began operations in 2013. income less dividends since inception of the company totals $37,000. 52,000 shares of no par common stock were issued in 2013. 200,000 shares are authorized. required: prepare a corrected, classified balance sheet. (amounts to be deducted should be indicated by a minus sign.)

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Which of the following would classify as a general education requirement