Luna manufacturing uses a process costing-system. luna uses the weighted average method . the following information pertains to operations for the month of january: units beginning work-in-process inventory, january 1 14,000 started in production during january 370,000 completed production during january 187,000 ending work-in-process inventory, january 31 197,000 the beginning inventory was 80% complete for materials and 40% complete for conversion costs. the ending inventory was 85% complete for materials and 30% complete for conversion costs. costs pertaining to the month of january are as follows: beginning inventory costs are: materials of $152,800 and conversion cost of $165,600. costs incurred during january are: materials used of $1,849,200 and conversion cost of $2,410,800. what is the conversion cost per equivalent unit for december, rounded to two decimal places?

Which of the following is the least risky? collectables stock savings bond savings account

Ms. sophia jones, the company president, has heard that there are multiple breakeven points for every product. she does not believe this and has asked you to provide the evidence of such a possibility. some information about the company for 2017 is as follows:

Fred smithers, a recent college graduate decided to open his own portable juice bar, smithers smoothies, to wheel around newport beach. you, a trusted friend of fred, are a business major that has also recently graduated and agreed to handle the books for a while to get some practical experience and have a favor that you can ask of fred in the future. given the following five transactions concerning the new venture, prepare the necessary journal entries for the transactions, post the journal entries to appropriate t accounts and prepare a trial balance as of the end of the month in order to answer to the necessary may 2: fred invests $12,000 of his own money to start the new company. this money was obtained from a part-time job working at a legal firm while he was in school. may 3: fred spent $5,100 cash to purchase a refrigerated trailer that he can pull behind his car and set up at the beach. under your advice, fred agrees to place the new asset under an account called "equipment." may 6: fred bought $640 of supplies on account from the flav-o-rite confectioners company. because they will last longer than a single accounting period fred agrees to record them as, "supplies" as per your suggestion. may 13: fred sat on the beach for six hours without a single sale and was feeling very down. right before he left, however, a plumber escorting his family reunion along the beach stopped by his stand and bought $800 worth of smoothies for the entire family. under your advice, fred agrees to call this cash revenue, "sales." may 15: excited about his new venture, fred withdraws $350 from the company to take his girlfriend out to dinner. what would be the balance in the cash account at the end of the period following the posting of all the transactions?