Benson Manufacturing Inc.' accounting records reflect the following inventories. During 2010, Benson purchased $126,000 of raw materials, incurred direct labor costs of $300,000, and incurred manufacturing overhead totaling $200,000 How much is raw materials transferred to production during 2010 for Benson Manufacturing? A) 124,000 B) $128,000 C) $626,000 D) $126,000 Dawson Company issued 500 shares of no-par common stock for $4, 500. Which of the following journal entries would be made if the stock has a stated value of $2 per share? A) Cash 4, 500 Common Stock 1,000 Paid-in Capital in Excess of Par 3, 500 B) Cash 4, 500 Common Stock 1,000 Paid-in Capital in Excess of Stated 3, 500 Value C) Common Stock 4, 500 Cash 4, 500 D) Cash 4, 500 Common Stock 4, 500 The market price of a bond is the A) principal amount plus all future interest payments. B) present value of its principal amount at maturity plus the present value of all future interest payments. C) present value of its principal amount only D) principal amount plus the present value of all future interest payments