Christopher is an unpaid, stay-at-home father who works as a volunteer at the local habitat for humanity chapter. currently, christopher is not looking for a paid job. the bureau of labor statistics counts christopher as a. unemployed but not in the labor force. b. neither in the labor force nor unemployed. c. in the labor force but not unemployed. d. unemployed and in the labor force.

Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?