Corporation uses the weighted-average method in its process costing system. data concerning the first processing department for the most recent month are listed below: beginning work in process inventory: units in beginning work in process inventory 1,500 materials costs $ 7,900 conversion costs $ 3,200 percent complete with respect to materials 55 % percent complete with respect to conversion 25 % units started into production during the month 7,400 units completed and transferred to the next department during the month 6,600 materials costs added during the month $ 111,000 conversion costs added during the month $ 84,100 ending work in process inventory: units in ending work in process inventory 2,300 percent complete with respect to materials 70 % percent complete with respect to conversion 55 % the total cost of units completed and transferred from the first processing department to the next processing department during the month is closest to

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.

You have $5,300 to deposit. regency bank offers 6 percent per year compounded monthly (.5 percent per month), while king bank offers 6 percent but will only compounded annually. how much will your investment be worth in 17 years at each bank