In a process cost system, the amount of work in process inventory at the end of a period is valued by a. summing the costs remaining in each department account at the end of the period. b. summing all actual costs that flowed through the department from the beginning to the end of the period. c. summing estimated costs budgeted for the inventory during the period. d. All of these choices are correct.

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

An economic theory that calls for workers to take control of factories is .

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year