On january 1, leveler corporation leased equipment to messy company. the present value of the lease payments is $200,000 and leveler’s cost of the equipment was $125,000. the lease is properly classified as a sales-type lease. in comparison to the entries that would have been made if this lease did not include a selling profit, how are the entries affected because this lease includes a selling profit?
a the entries made by leveler are not affected.
b the entries made by messy are not affected.
c the entry made by leveler to record the receipt of the first lease payment also will include the sales revenue and cost of goods sold.
d the entry made by messer to record the payment of the first lease payment also will include the sales revenue and cost of goods sold.
e each of the entries made by leveler over the term of the lease will include a portion of the sales revenue and cost of goods sold.

Tina is applying for the position of a daycare assistant at a local childcare center. which document should tina send with a résumé to her potential employer? a. educational certificate b. work experience certificate c. cover letter d. follow-up letter

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)