Refer to the information for alfombra inc. below.

the owner of alfombra insisted on a formal report that provided all the details of the weighted average method.

in the manufacturing process, all materials are added uniformly throughout the process.

required: prepare a production report for the bath linens department for august using the weighted average method.

alfombra inc. manufactures throw rugs. the throw rugs department weaves cloth and yarn into throw rugs of various sizes.

alfombra uses the weighted average method. materials are added uniformly throughout the weaving process.

in august, alfombra switched from fifo to the weighted average method. the following data are for the throw-rug department for august:

production: units in process, august 1, 60 percent complete 50,000 units completed and transferred out 150,000 units in process, august 31, 60 percent complete 50,000 costs: wip, august 1 $180,000 current costs 756,000 total $936,000

Which economic indicators are used to measure the global economy? check all that apply. a. purchasing power parity b. trade volumes c. spending power parity d. labor market data e. gross domestic product f. trade deficits and surpluses

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Lo.2, 3, 9 lori, who is single, purchased 5-years class property for $200,00 and 7-years class property for $420,000 on may 20, 2018. lori experts the taxable income derived form the business (without regard to the amount expensed under ⧠179) to be about $550,000. lori has determined that she should elect immediate ⧠179 expensing in the amount of $520,000, but she doesn’t know which asset she should completely expense under ⧠179. she does not claim any available additional first-year depreciation. a. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 5-year class asset. b. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 7-year class asset. c. what is your advice for lori? d. assume that lori is in the 24% marginal tax bracket and that she uses ⧠179 on the 7-year asset. determine the present value of the tax savings from the depreciation deductions for both assets. see appendix g for present value factors, and assume a 6% discount rate. e. assume the same facts as in part (d), except that lori decides not to use ⧠179 on either asset. determine the present value of the tax savings under this choice. in addition, determine which option lori should choose. f. present your solution to parts (d) and (e) of the problem in a spreadsheet using appropriate microsoft excel formulas. e-mail your spreadsheet to your instructor with a two-paragraph summary of your findings.