3. Crane Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. All materials are entered at the beginning of each process. On October 1, 2020, inventories consisted of Raw Materials $26,000, Work in Process—Mixing $0, Work in Process—Packaging $251,000, and Finished Goods $290,000. The beginning inventory for Packaging consisted of 11,000 units that were 50% complete as to conversion costs and fully complete as to materials. During October, 51,000 units were started into production in the Mixing Department and the following transactions were completed.

1. Purchased $301,000 of raw materials on account.

2. Issued raw materials for production: Mixing $211,000 and Packaging $46,000.

3. Incurred labor costs of $280,900.

4. Used factory labor: Mixing $183,500 and Packaging $97,400.

5. Incurred $812,000 of manufacturing overhead on account.

6. Applied manufacturing overhead on the basis of $22 per machine hour. Machine hours were 29,000 in Mixing and 7,000 in Packaging.

7. Transferred 46,000 units from Mixing to Packaging at a cost of $980,000.

8. Transferred 54,000 units from Packaging to Finished Goods at a cost of $1,316,000.

9. Sold goods costing $1,641,000 for $2,501,000 on account.

a) Journalize the October transactions.

A certain forum reported that in a survey of 2004 American adults, 28% said they believed in astrology.

(a) Calculate a confidence interval at the 99% confidence level for the proportion of all adult Americans who believe in astrology. (Round your answers to three decimal places.) ,

Please Do NOT Hand Write Answer And Post And Orginal Answer!

In 5 sentences explain why the beer manufacturing industry in the U.S. includes dozens of independent firms. Yet the American beer industry is regarded as one of the most oligopolistic industries in the country?

1. Why is the American public so uninformed about the national debt and the implications for the economy?

2. Why do you think the Americans have such low savings rate? What prompts so many individuals to spend more money than they make?

What is meant by the Colonial legacy? Be specific about the Colonial relationship and the different forms of Colonialism. In what sense did Colonialism create path dependence for countries even after Independence? Explain with evidence from Asian or Latin American development experience.

Summarize the current fat intake recommendations. Include recommendations for total fat, saturated fat, trans-fat, essential fatty acids, and omega-3. How does the percent of calories as fat in the North American diet compare with these health-promotion recommendations?

Question need be discussed in this chapter:

"Are the Canadian bank is safer than American bank? Provide explanation and sources for evidences.? What would happen if one of the major Canadian banks were bankrupt. What are the list of protections can be made for the depositors at that bank?"

Compare and contrast some different forms of non-tariff and non-quota trade barriers. Using a specific American industry, pick several of these trade barriers and explain the significance they would have on the ability of the firms within the industry to engage in foreign trade.

Why have coffee farming communities in Mexico fared better than those in other Latin American countries?

Say you are an economic forecaster for an American automotive manufacturer. Besides market share, how might your company's forecast differ from the industry as a whole? Identify two possible differences, and discuss why you think these differences would exist