Many restaurants offer daily specials, appetizers, entrees, and desserts not listed on their standard menu. these daily specials primarily provide the new product benefit ofa. keeping up in a market where sales come mostly from new products.
b. satisfying the changing needs of current and new customers.
c. avoiding market saturation from products that have been on the market for a long time.
d. creating diversification and reducing risk.
e. reduction in cost of ingredients.

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: