Helix Corporation uses the weighted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the fitst production department is added at the beginning of processing in that department. Data for May for the first production department is as follows: Percent Complete Units Materials ConversionWork in process inventory, May 1 66,000 100% 50%Work in process inventory, May 31 46,000 100% 30%Materials cost in work in process inventory, May 1 $53,900Conversion cost in work in process inventory, May 1$ 15,400Units started into production 248,400Units transferred to the next production department 268,400Materials cost added during May $103,300Conversion cost added during May $221,6481) Calculate the first production department's equivalent units of production for materials and conversion for May.2) Compute the first production department's cost per equivalent unit for materials and conversion for May.3) Compute the first production department's cost of ending work in process inventory for materials, conversion and in total for May.4) Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May.

How is the division of labor accomplished?

Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to either have the company’s jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilot’s requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workers’ compensation insurance before the accident. analyze the potential liability for the pilot’s injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workers’ compensation insurance.

Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?