Question 1. what is the fda definition of the “healthy” food label? a) the food is low in fat and saturated fat and has no more than 60 mg of cholesterol per serving. b) each serving of this food contains 10 to 19 percent of the daily value for a particular nutrient. c) the food is minimally processed and free of artificial ingredients. d) the food has less than 10 g of fat. question 2. free samples, coupons, and in-store tastings are examples of what type of influence? a) advertising. b) product marketing. c) product availability. d) product pricing.

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.