Data concerning a recent period’s activity in the assembly department, the first processing department in a company that uses the fifo method in its process costing, appear below: materials conversion cost of work in process inventory at the beginning of the period $ 2,800 $ 700 equivalent units in the ending work in process inventory 320 240 equivalent units required to complete the beginning work in process inventory 640 1,190 cost per equivalent unit for the period $ 2.90 $ 0.70 a total of 27,000 units were completed and transferred to the next processing department during the period. beginning work in process inventory consisted of 2,200 units and ending work in process inventory consisted of 2,600 units. required: 1. compute the assembly department's cost of ending work in process inventory for materials, conversion, and in total for the period. 2. compute the assembly department's cost of units transferred out to the next department for materials, conversion, and in total for the period.

Which of the following statements is correct? a) one drawback of forming a corporation is that it generally subjects the firm to additional regulationsb) one drawback of forming a corporation is that it subjects the firms investors to increased personal liabilitiesc) one drawback of forming a corporation is that it makes it more difficult for the firm to raise capitald) one advantage of forming a corporation is that it subjects the firm's investors to fewer taxese) one disadvantage of forming a corporation is that it is more difficult for the firm's investors to transfer their ownership interests

Richardson hired j.c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j.c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)