Description Amount Beginning work in process inventory: Units 720 units Materials costs $10,100 Conversion costs $12,400 Materials percent complete 90% Conversion percent complete 60% Units started into production 9,200 units Units completed and transferred 8,300 units Materials cost added during the month $122,900 Conversion cost added during the month $199,882 Ending work in process inventory: Units 3,600 units Materials percent complete 65% Conversion percent complete 55% What are the equivalent units for conversion? Term 1 What is the cost per equivalent unit for materials? Term 2 What is cost of ending work in process closest to?

Pressure systems, inc., manufactures high-accuracy liquid-level transducers. it is investigating whether it should update certain equipment now or wait to do it later. if the cost now is $200,000, what will the equivalent amount be 3 years from now at an interest rate of 10% per year?

Your assessment tool contains rich data about child progress in language and literacy but no details to explain the differences between children. you decide to: a. replace the tool with another b. analyze the data using factors such as language, ability, and participation rates c. review your anecdotal notations regarding language and literacy development d. talk with families about what they are seeing at home

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.