Assume there was no beginning work in process inventory and the ending work in process inventory is 70% complete with respect to conversion costs. under the weighted-average method, the number of equivalent units of production with respect to conversion costs would be:

a. the same as the units completed.
b. less than the units completed.
c. the same as the units started during the period.
d. less than the units started during the period.

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

Organizations typically rely on schedules, such as hourly wages and annual reviews and raises.