Toyota Motor Corporation's most recent production budget for the RAV 4 Cargo cover indicates the following required production: January February March April Required production (units) 4,800 6,700 5,700 5,500 Each unit of finished product requires 2.25 feet of raw materials. The company maintains raw materials inventory equal to 2,100 feet plus 10% of the next month's expected production needs. The raw material used in Toyota Motor Corporation's product costs $3.75 per foot. 1. How much raw materials need to be purchased for February

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.