A company uses the weighted-average method for inventory costing. At the end of the period, 16,000 units were in the ending Work in Process inventory and are 100% complete for materials and 71% complete for conversion. The equivalent costs per unit are materials, $2.61, and conversion $2.20. Compute the cost that would be assigned to the ending Work in Process inventory for the period.

How many months does the federal budget usually take to prepare

Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?

Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.