What are the means, or factors, of production? selected a. the ways a society organizes production answers: a. the ways a society organizes production b. labor forces organized by kinship ties c. a society's institutional mechanisms for making sure that everyone is productive d. a society's major productive resources, such as land and other natural resources, labor, technology, and capital e. synonyms of a society's mode of production

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was:

Aschool purchased a batch of t-shirts from a company. the company charged $6 per t-shirt, and gave the school a $85 rebate. if the school had a net expense of $2,255 from the purchase, how many t-shirts did the school buy?