Matrix Inc. calculates cost for an equivalent unit of production using the FIFO method. Data for July: Work-in-process inventory, July 1 (35,000 units): Direct materials (97% completed)$122,950 Conversion (46% completed) 77,400 Balance in work in process inventory, July 1$200,350 Units started during July 86,000 Units completed and transferred 95,900 Work-in-process inventory, July 31: Direct materials (97% completed) 25,100 Conversion (46% completed) Cost incurred during July: Direct materials$185,500 Conversion costs 266,000 Total equivalent units for conversion under the FIFO method are calculated to be:

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005