Metaline corp. uses the weighted average method for inventory costs and had the following information available for the year. equivalent units of production for the year are:

beginning inventory of work in process (40% complete, $1,100) 200 units
ending inventory of work in process (80% complete) 400 units
total units started during the year 3,200 units

a. 3,200 units.
b. 3,320 units.
c. 3,240 units.
d. 3,520 units.
e. 3,800 units.

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)

Why do police officers get paid less than professional baseball players?

Match the different financial tasks to their corresponding financial life cycle phases wealth protection, wealth accumulation and wealth distribution