The chart shows pricing and payment options for two big-ticket items.

a 4-column table titled financing options for household items has 2 rows. the first column is labeled item with entries laptop computer, 18.3 cf refrigerator. the second column is labeled rent-to-own payments with entries 150 dollars a month for 12 months, 140 dollars a month for 12 months. the third column is labeled installment plan with entries 100 dollars and 83 cents a month for 12 months, 80 dollars and 67 cents a month for 12 months. the fourth column is labeled cash price with entries 1,000 dollars, 800 dollars.

if someone were unable to pay cash right now, which financing option would be best for the laptop and for the refrigerator?

rent-to-own; installment
installment; rent-to-own
rent-to-own; rent-to-own
save up and pay cash

Exercise 6-2 variable costing income statement; explanation of difference in net operating income [lo6-2] ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $970. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 200 units sold 180 units in ending inventory 20 variable costs per unit: direct materials $ 130 direct labor $ 300 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 63,000 fixed selling and administrative $ 25,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 174,600 cost of goods sold 139,500 gross margin 35,100 selling and administrative expense 27,700 net operating income $ 7,400 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing.