The following events took place for digital vibe manufacturing company during march, the first month of its operations as a producer of digital video monitors: a. purchased $168,500 of materials. b. used $149,250 of direct materials in production. c. incurred $360,000 of direct labor wages. d. incurred $120,000 of factory overhead. e. transferred $600,000 of work in process to finished goods. f. sold goods for $875,000. g. sold goods with a cost of $525,000. h. incurred $125,000 of selling expense. i. incurred $80,000 of administrative expense. using the information given, complete the following: prepare the march income statement for digital vibe manufacturing company. determine the inventory balances at the end of the first month of operations.

At fenway park, home of the boston red sox, seating is limited to 38,000. hence, the number of tickets issued is fixed at that figure. the following graph shows the demand and supply for red sox tickets. use the graph input tool to you answer the following questions. you will not be graded on any changes you make to this graph. 0 38 76 100 90 80 70 60 50 40 30 20 10 0 price of tickets quantity of tickets (thousands) demand supply graph input tool market for tickets price 10 quantity demanded (thousands of tickets) 68 quantity supplied (thousands of tickets) 38 tax on buyers 0.00 seeing a golden opportunity to raise revenue, the city of boston levies a per ticket tax of $5 to be paid by the ticket buyer. boston sports fans, a famously civic-minded lot, send in the $5 per ticket. true or false: the entire tax burden falls on the team’s owners because supply is perfectly inelastic. true false