The packaging department started the month with 900 units in process, received 1 comma 600 units from the finishing department, and transferred 1 comma 900 units to finished goods. direct materials are added at the beginning of the process and conversion costs are incurred evenly. the units still in process at the end of the month are 55% complete for conversion costs. calculate the number of units still in process at the end of the month and the equivalent units of production. the company uses the weighted-average method. production cost report - packaging department

ending WIP physical units: 600

Equivalent units: 495

Explanation:

physical units:

We will add up the beginning units and the transferred-in.

Then we subtract the transefrred-out

beginning            900

received             1,600

total units during the period: 2,500

transferred out: (1,900)

ending:                600

To know the equivalent untis we multiply by their porcentage of completion:

900 x 55% = 495 units

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi