The miracle company had 20,000 units in process on december 31, 2020 which was 80% complete as to materials but only 40% complete as to conversion costs. the company's records show 40,000 units were transferred to the finished goods inventory during january 2021. on january 31, 2021, 15,000 units were on hand which were 30% complete as to conversion costs and 60% complete as to materials. what are the equivalent units of production (eups) for the conversion costs in january, assuming miracle uses first-in, first-out (fifo)

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be:

"consists of larger societal forces that affect how a company engages and serves its customers."