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# Camping​ gear, inc. had 500 units of inventory on hand at the end of the year. these were recorded at a cost of \$ 13 each using the lastminus​in, firstminusout ​(lifo) method. the current replacement cost is \$ 9 per unit. the selling price charged by camping​ gear, inc. for each finished product is \$ 14. as a result of recording the adjusting entry as per the ​rule, the gross profit will​

Aresearcher conducted a cross-sectional analysis of children and found that the average test performance of children with divorced parents was lower than the average test performance of children of intact families. this researcher then concluded that divorce is bad for children’s test outcomes. what is wrong with this analysis?
Sales at a fast-food restaurant average \$6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were \$6,300 per day. from past history, the restaurant knew that its population standard deviation is about \$1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than \$6,000 per day.c)reject the null hypothesis and conclude the mean is lower than \$6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to \$6,000 per day.expert answer
Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) \$10 gaming token and program (per person) \$2 prize payouts \$4,300 tickets and advertising \$800 private box suite rental \$1,700 lottery licenses \$200 the committee members would like to charge \$40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data (\$40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.
During january, its first month of operations, knox company accumulates the following manufacturing costs: raw materials \$4,250 on account, factory labor \$6,330 of which \$5,890 relates to factory wages payable and \$440 relates to payroll taxes payable, and utilities payable \$2,230. during january, time tickets show that the factory labor of \$6,330 was used as follows: job 1 \$2,396, job 2 \$1,766, job 3 \$1,650, and general factory use \$518. prepare a summary journal entry to record factory labor used. (credit account titles are automatically indented when amount is entered. do not indent manually.) date account titles and explanation debit credit jan. 31 click if you would like to show work for this question: open show work
Camping​ gear, inc. had 500 units of inventory on hand at the end of the year. these were recorded a...
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