The following trial balance of Cullumber Company at December 31, 2020 has been properly adjusted except for the income tax expense adjustment. Cullumber Company Trial Balance December 31, 2020 Dr. Cr. Cash $ 874000 Accounts receivable (net) 2698000 Inventory 2085000 Property, plant, and equipment (net) 7570000 Accounts payable and accrued liabilities $ 1770000 Income taxes payable 651000 Deferred income tax liability 83000 Common stock 2344000 Additional paid-in capital 3675000 Retained earnings, 1/1/20 3542000 Net sales and other revenues 12843000 Costs and expenses 11160000 Income tax expenses 521000 $24908000 $24908000 Included in accounts receivable is $1180000 due from a customer and payable in quarterly installments of $147500. The last payment is due December 29, 2022. In Cullumber’s December 31, 2020 balance sheet, The final retained earnings balance is: a) $4621000. b) $3542000. c) $4704000. d) $5225000.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below.a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below.a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02