Trez company began operations this year. during this first year, the company produced 100,000 units and sold 80,000 units. the absorption costing income statement for this year follows. sales (80,000 units × $45 per unit) $ 3,600,000 cost of goods sold beginning inventory $ 0 cost of goods manufactured (100,000 units × $25 per unit) 2,500,000 cost of good available for sale 2,500,000 ending inventory (20,000 × $25) 500,000 cost of goods sold 2,000,000 gross margin 1,600,000 selling and administrative expenses 540,000 net income $ 1,060,000 additional information selling and administrative expenses consist of $400,000 in annual fixed expenses and $1.75 per unit in variable selling and administrative expenses. the company's product cost of $25 per unit is computed as follows. direct materials $ 5 per unit direct labor $ 10 per unit variable overhead $ 3 per unit fixed overhead ($700,000 / 100,000 units) $ 7 per unit required: 1. prepare an income statement for the company under variable costing. this is the last question in the assignment. to submit, use alt + s. to access other questions, proceed to the question map button. next visit question mapquestion 1 of 1 total 1 of 1 prev

You have learned that there are many ethical concerns surrounding genetic research, and it's important to be familiar with them. for this project, you will write a persuasive essay about an ethical question in biotechnology. directions the goal of a persuasive essay is to convince people to agree with you. it is important to support your opinion with facts. a persuasive essay is not simply a description of your beliefs. be sure to organize your information, give clear examples, and build your argument carefully. read the following genetics topics below. choose a topic and then decide what side you are on. remember that there is no "right" or "wrong" side. ethical questions often have many points of view. research your topic and write a 400 word persuasive essay. topic 1: should insurance companies have the right to learn the genetic profiles of the people they insure? topic 2: should employers have the right to learn the genetic profiles of the people they hire? are there special considerations for employees in jobs in which there is a high risk to others, such as airline pilots, doctors, or bus drivers? topic 3: should scientists who identify genes and create new genetic engineering techniques have the right to patent their methods for their own profit?

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?