Laker company reported the following january purchases and sales data for its only product.

date activities units acquired at cost units sold at retail
jan. 1 beginning inventory 215 units @ $ 14.00 = $ 3,010
jan. 10 sales 165 units @ $ 23.00
jan. 20 purchase 160 units @ $ 13.00 = 2,080
jan. 25 sales 190 units @ $ 23.00
jan. 30 purchase 330 units @ $ 12.50 = 4,125
totals 705 units $ 9,215 355 units

the company uses a perpetual inventory system. for specific identification, ending inventory consists of 350 units, where 330 are from the january 30 purchase, 5 are from the january 20 purchase, and 15 are from beginning inventory.

required:
1. complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.

One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card used (visa, mastercard, american express, or discover), and (2) the amount (in dollars) of each purchase. identify the level of each variable measured.

Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation