Please show all the work for #29 and answer the rest. Thank you!!!

Question 29 14 pts Using Year 1 as the base year, express the following income statement information in common- size percentages and in trend percentages. Common-Size Trend Percentages Percentages Year 2 Year 1 Year 2 Year 1 Year 2 Year 1 Sales $540,000 $460,000 Cost of goods sold. 290,000 240.000 Gross profit $250,000 $220,000 Selling expense 27,000 24,000 Administrative expense 52,000 45,000 Income before taxes 171,000 151,000 Taxes @30% 51,300 45,300 Year 2 Year 1 Year 2 Year 1 Year 2 Year 1 Sales $540,000 $460,000 Cost of goods sold. 290,000 240,000 Gross profit $250,000 $220,000 Selling expense 27,000 24,000 Administrative expense 52,000 45,000 Income before taxes 171,000 151,000 Taxes @ 30% 51,300 45,300 Net Income 119,700 105,700 B 1 x I - D A- A - Ix E 1 V RGV D HTML Editores x, 5 E 12pt Question 13 2 pts In which of the following industries would a job order cost system most likely be used? Sugar Refining Construction Brick Manufacturing Beverage Question 14 2 pts Which manager is usually held accountable for an explanation of the materials PRICE variance? O production supervisor O purchasing agent none of the listed answers are correct marketing manager Question 15 2 pts If a capital investment has a negative Net Present Value (NPV), the project's Internal Rate of Return (IRR) is greater than the company's Required Rate of Return (or hurdle rate). True False Question 16 2 pts If payback period is the only method used to evaluate a capital project, an investment with a shorter payback is preferable to an investment with a longer payback. True False Question 17 2 pts Which of the following companies would be best served by a plantwide overhead rate? O A company whose products differ in batch size and complexity and consume different amounts of overhead resources, O A company that manufactures many different products and whose operations are highly mechanized. O A company that manufactures many different products and whose operations are an equal mix of labor and mechanized work. O A company that manufactures few products and whose operations are labor intensive