Malcolm company uses a weighted-average process costing system. all materials at malcolm are added at the beginning of the production process. the equivalent units for materials at malcolm would be the sum of: a) units in ending work in process and the units started. b) units in beginning work in process and the units started. c) units in ending work in process and the units started and completed. d) units in beginning work in process and the units started and completed.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan