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Teakap, Inc., has current assets of $1,456, 312 and total assets of $4,812, 369 for the year ending September 30, 2006. It also has current liabilities of $1,041, 012, common equity of $1,500,000, and retained earnings of $1, 468, 347. How much long-term debt does the firm have?

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On May 21, 2019, Christine worked 7.0 hours on Job A-1, and 3 hours on general "overhead activities." Christine is paid $16 per hour. Overhead is applied based on $30 per direct labor hour. Additionally, on May 21 Job A-1 requisitioned and entered into production $270 of direct material. On May 21, Christine, while working on Job A-1 used $27 of indirect material. Indirect material is included in the overhead application rate. Use this information to determine the total cost that should have been recorded in the Work in Process for Job A-1 on May 21.

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Financial accounting question

The Yen Company has fixed costs of $750,000 and variable costs are 70% of the selling price. To realize profits of $330,000 from sales of 620,000 units, the selling price per unit: 1. Must be $1.33 2. Must be $4.00 3. Must be $5.81 4. Is indeterminable

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