When an organization must deal with a problem that repeats itself over and over again management should take a: a) Customized tailored approach to solving each variation of the problem.
b) One solution fits all approach to the problem.
c) Must concentrate on perfecting the technology and business processes associated with the problem.

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When you hire an independent contractor you don't have to pay the contractors what

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.