Data concerning a recent period’s activity in the prep department, the first processing department in a company that uses process costing, appear below: materials conversion equivalent units in ending work in process inventory 2,000 800 cost per equivalent unit $ 13.86 $ 4.43 a total of 20,100 units were completed and transferred to the next processing department during the period. required: 1. compute the cost of ending work in process inventory for materials, conversion, and in total. 2. compute the cost of the units completed and transferred out for materials, conversion, and in total.

Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.