The Nitrogen Fixation Department of Blue Spruce Company began the month of December with work in process inventory of 5,040 units that are 100% complete as to materials and 30% complete as to conversion costs. Units completed and transferred out are 15,120 units. Ending work in process inventory contains 12,600 units that are 100% complete as to materials and 40% complete as to conversion costs. Compute the equivalent units of production for March for materials and conversion costs for the month of December using the weighted-average method of process costing.

Should the government be downsized? which functions should be cut back? which ones should be expanded?

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u. s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f