Beck manufacturing reports the information below for 2017. raw materials inventory begin. inv. 10,000 purchases 45,000 avail. for use 55,000 dm used 46,500 end. inv. 8,500 work in process inventory begin. inv. 14,000 dm used 46,500 direct labor 27,500 overhead 55,000 avail. for mfg. 143,000 cost of goods mfg 131,000 end. inv. 12,000 finished goods inventory begin. inv. 16,000 cost of goods mfg 131,000 avail. for sale 147,000 cost of goods sold 129,000 end. inv. 18,000 required: 1. prepare the schedule of cost of goods manufactured for the year. 2. compute cost of goods sold for the year.

Nellie lumpkin, who suffered from dementia, was admitted to the picayune convalescent center, a nursing home. because of her mental condition, her daughter, beverly mcdaniel, signed the admissions agreement. it included a clause requiring the par- ties to submit any dispute to arbitration. after lumpkin left the center two years later, she filed a suit against picayune to recover damages for mistreatment and malpractice. [covenant health & rehabilitation of picayune, lp v. lumpkin, 23 so.2d 1092 (miss. app. 2009)] (see page 91.) 1. is it ethical for this dispute—involving negligent medical care, not a breach of a commercial contract—to be forced into arbitration? why or why not? discuss whether medical facilities should be able to impose arbitration when there is generally no bargaining over such terms.