Custom engines company has the following estimated costs for the upcoming year: direct labor costs $62,300 direct materials used $25,600 salary of factory supervisor $37,900 sales commissions $8900 heating and lighting costs for factory $22,500 depreciation on factory equipment $5100 advertising expense $33,100the company estimates that 2000 direct labor hours will be worked in the upcoming year, while 2200 machine hours will be used during the year. the predetermined manufacturing overhead rate per machine hour is closest to (round your answer to the nearest whole dollar.)

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

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Expert computers was started in 2018. the company experienced the following accounting events during its first year of operation: started business when it acquired $40,000 cash from the issue of common stock. purchased merchandise with a list price of $32,000 on account, terms 2/10, n/30. paid off one-half of the accounts payable balance within the discount period. sold merchandise on account for $28,000. credit terms were 1/20, n/30. the merchandise had cost expert computers $16,000. collected cash from the account receivable within the discount period. paid $2,100 cash for operating expenses. paid the balance due on accounts payable. the payment was not made within the discount period. required record the events in a horizontal statements model below. in the cash flows column, use the letters oa to designate operating activity, ia for investing activity, fa for financing activity, or nc for net change in cash. if the account is not affected by the event, leave the cell blank. the first event is recorded as an example. what is the amount of gross margin for the period? what is the net income for the period?