The following selected list of accounts with their normal balances was taken from the general ledger of Wallace Company as of December 31, 2016: Common stock, $1 par Wallace $380,000
Retained earnings 262,000
Paid-in capital in excess of par - preferred 70,000
Treasury Stock 330,000
Preferred stock, $100 par 600,000
Paid-in capital in excess of par -common 760,000

Given above information, at the end of 2016:

Accublade castings inc. casts blades for turbine engines. within the casting department, alloy is first melted in a crucible, then poured into molds to produce the castings. on may 1, there were 230 pounds of alloy in process, which were 60% complete as to conversion. the work in process balance for these 230 pounds was $32,844, determined as follows: exercises during may, the casting department was charged $350,000 for 2,500 pounds of alloy and $19,840 for direct labor. factory overhead is applied to the department at a rate of 150% of direct labor. the department transferred out 2,530 pounds of finished castings to the machining department. the may 31 inventory in process was 44% complete as to conversion. prepare the following may journal entries for the casting department: the materials charged to production the conversion costs charged to production the completed production transferred to the machining department determine the work in process"casting department may 31 balance.

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage