Echher corporation uses a job-order costing system and applies overhead to jobs using a predetermined overhead rate. during the year the company's finished goods inventory account was debited for $218,000 and credited for $218,500. the ending balance in the finished goods inventory account was $13,000. at the end of the year, manufacturing overhead was overapplied by $36,700. the balance in the finished goods inventory account at the beginning of the year was:

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times