Perfect Pigments has 2,900 gallons of paint in WIP Inventory, with 72% of materials already added. The paint is 40% through the process. Assuming all conversion costs are added evenly throughout the process, what are the equivalent units for conversion costs?

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.

Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.

Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.