Mustang corporation had 100,000 shares of $2 par value common stock outstanding. on december 31, 2015, the company's board of directors declares a 20 percent stock dividend. this stock dividend will be distributed on january 20, 2016 to the stockholders of record on january 15, 2016. the market price of the company's stock is $10 per share on december 31, 2015. complete the necessary journal entry to record the distribution of the stock dividend by selecting the account names and dollar amounts from the drop-down menus.

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. materials conversion costs total equivalent units