Data related to the inventories of mountain ski equipment and supplies is presented below:

skis boots apparel supplies
selling price $ 180,000 $ 150,000 $ 120,000 $ 60,000
cost 128,000 133,000 90,000 48,000
replacement cost 120,000 130,000 110,000 50,000
sales commission 10 % 10 % 10 % 10 %
normal gross profit ratio 20 % 20 % 15 % 15
%

in applying the lower of cost or market rule, the inventory of boots would be valued at:

a) $135,000

b) $133,000

c) $130,000

d) $105,000

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45

Which of the following has the largest impact on opportunity cost