Rawlings, Inc. manufactures a product that passes through two processes: mixing and molding. ALL manufacturing costs are added uniformly in the Mixing Department. Information for the Mixing Department for January follows:

Work in process, January 1:
Units (35% complete) 7,500
Direct materials $36,000
Direct labor $45,000
Overhead $15,000
During January, 26,750 units were completed and transferred to the Molding Department. The following costs were incurred by the Mixing Department during January:

Direct materials $133,050
Direct labor $180,000
Overhead (applied) $45,000

There were 3,750 units that were 80 percent complete remaining in Mixing at January 31. What is the total cost per equivalent unit of production in Mixing for January using the FIFO method (round to two decimal places)

On july 1, 2016, killearn company acquired 103,000 of the outstanding shares of shaun company for $21 per share. this acquisition gave killearn a 40 percent ownership of shaun and allowed killearn to significantly influence the investee's decisions. as of july 1, 2016, the investee had assets with a book value of $6 million and liabilities of $1,468,500. at the time, shaun held equipment appraised at $140,000 above book value; it was considered to have a seven-year remaining life with no salvage value. shaun also held a copyright with a five-year remaining life on its books that was undervalued by $562,500. any remaining excess cost was attributable to goodwill. depreciation and amortization are computed using the straight-line method. killearn applies the equity method for its investment in shaun. shaun's policy is to declare and pay a $1 per share cash dividend every april 1 and october 1. shaun's income, earned evenly throughout each year, was $580,000 in 2016, $606,600 in 2017, and $649,200 in 2018. in addition, killearn sold inventory costing $93,000 to shaun for $155,000 during 2017. shaun resold $97,500 of this inventory during 2017 and the remaining $57,500 during 2018.a. determine the equity income to be recognized by killearn during each of these years. 2016 2017 2018b. compute killearn’s investment in shaun company’s balance as of december 31, 2018.

Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.

Which of the following would be an accurate statement about achieving a balanced budget