The USA Company manufactures flags in a single process. The following information is available:
Work in process inventory, Jan. 1 0 units
Units started in production 17,000 units
Units completed and transferred out 12,000 units
Work in process inventory, Dec. 31 5,000 units
Production costs:
Direct materials $213,750
Direct labor $577,500
Manufacturing overhead $391,875
The units still in process are 45 percent complete with respect to direct materials and 35 percent complete with respect to conversion costs.

1.The equivalent units for direct materials are:
A.14,250 units
B.17,000 units
C.12,000 units
D.13,750 units
2.The equivalent units for conversion costs are:
A.14,250 units
B.12,000 units
C.17,000 units
D.13,750 units
3.The cost per equivalent unit for direct materials:
A.$17.81
B.$12.57
C.$15.00
D.$42.75
4.The cost per equivalent unit for conversion costs is:
A.$42.00
B.$28.50
C.$85.50
D.$70.50
5.The total cost of units completed and transferred out is:
A.$1,183,125
B.$1,026,000
C.$427,500
D.$157,125
6.The total cost of units in ending work in process inventory is:
A.$427,500
B.$352,500
C.$157,125
D. Cannot be determined from the information given

Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). use both the capm method and the dividend growth approach to find the cost of equity.calculate the cost of new stock using the dividend growth approach.what is the cost of new common stock based on the capm? (hint: find the difference between re and rs as determined by the dividend growth approach and then add that difference to the capm value for rs.)assuming that gao will not issue new equity and will continue to use the same target capital structure, what is the company’s wacc? e. suppose gao is evaluating three projects with the following characteristics.each project has a cost of $1 million. they will all be financed using the target mix of long-term debt, preferred stock, and common equity. the cost of the common equity for each project should be based on the beta estimated for the project. all equity will come from reinvested earnings.equity invested in project a would have a beta of 0.5 and an expected return of 9.0%.equity invested in project b would have a beta of 1.0 and an expected return of 10.0%.equity invested in project c would have a beta of 2.0 and an expected return of 11.0%.analyze the company’s situation, and explain why each project should be accepted or rejected g