Here are selected data for King Friday Corporation:

Beginning raw materials inventory $37,000

Beginning work in process inventory $61,600

Beginning finished goods inventory $56,300

Cost of materials purchased $151,000

Cost of direct materials requisitioned $91,800

Direct labor incurred $125,000

Actual manufacturing overhead $160,000

Cost of goods manufactured $287,500

Cost of goods sold $265,000

Predetermined Manufacturing

overhead rate (% of direct labour) 125%

What is the ending work in process inventory balance?

A. $220,300

B. $201,950

C. $147,150

D. $211,600

Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?

Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.

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