Gus steals an expensive watch from the local jewelry store. He knows LeeAnn needs a watch and intends to sell her the watch he stole. As Gus is leaving the store he is apprehended by the police. He pleads for mercy and states that he has an agreement with LeeAnn to sell her the watch he may steal. The police tell Gus that if he cooperates, his sentence will be lighter. They give the watch to Gus. Gus meets up with LeeAnn and shows her the watch. He then tells her the watch was stolen. LeeAnn buys the watch. Required:
Could LeeAnn be convicted of receiving stolen property

Kubin company’s relevant range of production is 18,000 to 22,000 units. when it produces and sells 20,000 units, its average costs per unit are as follows: average cost per unit direct materials $ 7.00 direct labor $ 4.00 variable manufacturing overhead $ 1.50 fixed manufacturing overhead $ 5.00 fixed selling expense $ 3.50 fixed administrative expense $ 2.50 sales commissions $ 1.00 variable administrative expense $ 0.50 required: 1. for financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. for financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. for financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units? 4. for financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?