The following information comes from the accounting records for Chelsea, Inc., for May. Direct materials inventory, May 1$9,000Direct materials inventory, May 31 7,500Work-in-process inventory, May 1 4,500Work-in-process inventory, May 31 3,000Finished goods inventory, May 1 27,000Finished goods inventory, May 31 36,000Direct materials purchased during May 120,000Direct labor costs, May 96,000Manufacturing overhead, May 126,000 Required:a. Compute the total prime costs for the month of May. b. Compute the total conversion costs for the month of May. c. Compute the total manufacturing costs for the month of May. d. Compute the cost of goods manufactured for the month of May. e. Compute the cost of goods sold for the month of May.

Which organization was established to train the hard-core unemployed? - better business bureau- equal employment opportunity commission- environmental protection agency- affirmative action committee- national alliance of business

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?