There is a 20 percent chance that you will earn $20,000; a 20 percent chance that you will earn $40,000; and a 60 percent chance you will earn $50,000. What are your expected earnings

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.