Anyone studying legal forces affecting international business soon realizes that: a. there is a remarkable level of coordination among legal systems in the developed nations. b. most laws are predictable, and that, although there is variance, what constitutes illegal behavior is commonly shared. c. the variety of these forces complicates the task of understanding the laws. d. to the world court, officials in most legal systems are open to collaborating with their international colleagues. e. none of the above.

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.