Brawner Contracting was the low bidder for construction of the Marine Service Building. After the award of the contract to Brawner, it discovered an arithmethical error of $10,000 in its bid based on a similar error of like amount in a quotation made to it by a subcontractor. Correction of the error would not have caused Brawner’s contract price to equal or exceed that of the next lowest bidder. Is Brawner entitled to reformation of the contract? Why or Why not?

The following accounts are from last year’s books at s manufacturing: raw materials bal 0 (b) 157,400 (a) 172,500 15,100 work in process bal 0 (f) 523,600 (b) 133,700 (c) 171,400 (e) 218,500 0 finished goods bal 0 (g) 477,000 (f) 523,600 46,600 manufacturing overhead (b) 23,700 (e) 218,500 (c) 27,700 (d) 159,400 7,700 cost of goods sold (g) 477,000 s manufacturing uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. what is the amount of cost of goods manufactured for the year