Use the following information to compute the cost of direct materials used for the current year. Assume the raw materials inventory account is used only for direct materials. (Assume no indirect materials.)

January 1 December 31
Inventories Raw materials inventory $7,600 $9,600
Work in process inventory 14,600 9,000
Finished goods inventory 10,500 5,900
Activity during current year

Materials purchased $123,500
Direct labor 96,000
Factory overhead 40,800

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?