David often finishes his test before anyone else in the class, but he finds that he misses questions for which he knew the correct answer and thought he'd answered right. what is the likely reason for this situation?
a. he doesn't read the directions all the way through.
b. he guesses at the majority of the questions.
c. he doesn't take time to preview his test.
d. he forgets to write down memory cues.

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.