The final option period for your fish counting services contract has just expired, and all services have been performed and accepted by the Government. The contract is considered physically completed. You must now complete the contract closeout process. (26 points) 1. What is the time standard for closing out this contract file?
2. Based on the dollar values in the contract, would this contract be a candidate for Quick Closeout Procedures?

Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production