Andrews corporation uses the weighted-average method of process costing. the following information is available for february in its polishing department: equivalent units of production—direct materials 110,000 eup equivalent units of production—conversion 95,000 eup costs in beginning work in process—direct materials $ 49,000 costs in beginning work in process—conversion $ 36,000 costs incurred in february—direct materials $ 414,000 costs incurred in february—conversion 520,000 the cost per equivalent unit of production for conversion is: $9.26 $4.21 $5.85 $5.05 $4.97

The simple interest in a loan of $200 at 10 percent interest per year is

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.