B) The following data is available from the records of ABC Company Ltd for a product relating to process z.
1. Opening WIP 4,000 units
Degree of completion:
Materials (100%)
Tshs 24,000,000
Labour (60%)
shs 14,400,000
Overheads (60%
Tshs 7,200,000
2. Received during the month of January 2015 from process 1-4,000 units of tshs
171,000,000.
3. Expenses incurred in process 2 during the month; materials tshs 79,000,000,
labour tshs 138,230,000, overheads tshs 69,120,000.
4. Closing WIP 3,000 units
Degree of completion: materials 100%, labour and overheads 50%
5. Units scrapped 4,000 units
Degree of completion: materials 100%, labour and overheads 80%
6. Normal loss: 5% of current input
7. Spoiled goods realized tshs 1,500 each on sale
8. Completed units are transferred to finished goods.
Required: Prepare
i) Equivalent units statement
volontinit and totalt

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?

cranium, inc., purchases term papers from an overseas supplier under a continuous review system. the average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. it costs $60 to process each order and there is a five−day lead−time. the holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. cranium operates 200 days per year.what is the reorder point r to satisfy a 98% cycleminus−service level? a. greater than 1,700 unitsb. greater than 1,600 units but less than or equal to 1,700 unitsc. greater than 1,500 units but less than or equal to 1,600 unitsd. less than or equal to 1,500 units

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?