Assume 100 units were completed and transferred out during the period. The 140 units left in ending WIP are 10% complete with respect to conversion costs. The total equivalent units for conversion costs would be .a. 100.b. 140.c. 108.d. 8.e. None of the above.

The answer is (e) none of the above

Explanation:

The formula for calculating the  total equivalent units for conversion costs =

A+B*C

A = units transferred out to the next department/finished goods

B = units in closing work in process

C = percentage of completion with respect to the relevant cost component

Given that

A=100

B=140

C=10/100

Total equivalent units for a cost component =100+140*10/100

=>100+140*1/10

=>100+14=114

So ,the answer of the above question is (e) None of these

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20