Gusler Corporation makes one product and has provided the following information: Budgeted sales, May 9,500 units Raw materials requirement per unit of output 2 pounds Raw materials cost $ 2.00 per pound Direct labor requirement per unit of output 2.7 direct labor-hours Direct labor wage rate $ 20.00 per direct labor-hour Predetermined overhead rate (all variable) $ 10.00 per direct labor-hour The estimated cost of goods sold for May is closest to:

What is "staffing level"? a) the practice of assigning the same number of workers to each department b) the average educational level attained by employees of a business c) the rank above cashier d) the number of workers assigned to jobs at a particular time

Following are the transactions for valdez services. the company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. the company paid $1,200 cash for the just completed two-week salary of the receptionist. the company paid $39,000 cash for equipment purchased. the company paid $800 cash for this month’s utilities. the company paid $4,500 cash in dividends to the owner (sole shareholder). examine the above transactions and identify those that create expenses for valdez services. prepare general journal entries to record those transactions that created expenses in the above given order.

What happens when a bank is required to hold more money in reserve?