ntercontinental Inc., uses a periodic inventory system. At the end of Year 2, the accounting records provided the following information relating to one of its products. UnitsUnit Cost Inventory, December 31, Year 11,830 $6 For Year 2: Purchase, March 21, Year 26,200 $5 Purchase, August 1, Year 24,070 $3 Inventory, December 31, Year 22,910 What is the amount of ending inventory and cost of goods sold under the FIFO inventory costing method

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?

The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.

An economic theory that calls for workers to take control of factories is .