Mullins corporation uses the fifo method in its process costing system. data concerning the first processing department for the most recent month are listed below: beginning work in process inventory: units in beginning work in process inventory 1150? materials costs $ 12,400? conversion costs $ 22,650? percent complete with respect to materials 75? %percent complete with respect to conversion 65? %units started into production during the month 9500? units transferred to the next department during the month 8700? materials costs added during the month $ 168,300? conversion costs added during the month $ 357,500? ending work in process inventory: units in ending work in process inventory 1950? percent complete with respect to materials 65? %percent complete with respect to conversion 50? %the cost of a completed unit transferred out of the department is closest to: (round equivalent units to the nearest whole number and round all other intermediate calculations to 2 decimal places.)

Sri lanka is one of the major tea producing nations in the world. a substantial portion of the country's annual tea production gets exported to various countries, including the united arab emirates, russia, and other countries in the middle east. given the success in these countries, sri lanka decided to foray into the asian market. research evidence indicated that people in myanmar are major consumers of tea and that there is a high demand for tea in that country. this convinced industry experts in sri lanka that exporting to myanmar was a good idea. even though sri lankan tea was priced competitively, sales in myanmar turned out to be far lower than expected. which of the following, if true, could explain this outcome? a. myanmar exported a substantial amount of its annual tea production that year. b. the tea exported from sri lanka is of the highest quality. c. the myanmar government hiked the minimum wage for labor. d. people in myanmar are willing to pay more for their domestic tea brands than for foreign brands. e. sri lankan tea exports to other asian countries like india and china have also not been very successful.