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Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March%u2014Job P and Job Q. Job P was completed and sold by the end of the March and Job Q was incomplete at the end of the March. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March):
Assume that Job P includes 20 units that each sell for $3,000 and that the company's selling and administrative expenses in March were $14,000.
1. What is the cost of goods solds?
2. If Job P included 20 units, what is its unit product cost? What is the total amount of manufacturing cost assigned to Job Q as of the end of March.
Assume that you have a binomial experiment with p=0.5 and asample size of 100. The expected value of this distribution is:
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