The adjusted trial balance for Monty Corp. at the end of the current year contained the following accounts. 5-year Bonds Payable 8% $1500000
Bond Interest Payable 47000
Premium on Bonds Payable 94000
Notes Payable (3 mo.) 38000
Notes Payable (5 yr.) 155000
Mortgage Payable ($14000 due currently) 188000
Salaries and Wages Payable 17000
Taxes Payable (due 3/15 of next yr) 24000

Required:
What are the total long-term liabilities reported on the balance sheet?

Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:

The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.

How many months does the federal budget usually take to prepare