Davies Manufacturing uses the weighted average method in its operations and shows the following information for its first processing department: Percent Complete Units Materials Conversion Work in process, beginning 300 85% 40% Started into production 9,100 Completed and transferred out 8,700 Work in process, ending 700 80% 20% Materials Conversion Work in process, beginning $7,545 $4,900 Cost added during August $240,300 $242,400 Assume the cost per equivalent unit for Conversion Costs is $27.98. What is the cost of units transferred out for Conversion Costs

The partnership of douglas, ryan, and ellen has dissolved and is in the process of liquidation. on july 1, 2016, just before the second cash distribution, the assets and equities of the partnership along with profit and loss sharing ratios were as follows: cash $30,000receivable - net $20,000inventories $25,000equipment - net $30,000total assets $80,000liabilities $12,000douglas, capital (20%) $28,000ryan, capital (50%) $24,000ellen, capital (30%) $16,000total liab./equity $80,000assume that the available cash is distributed immediately, except for a $2,000 contingency fund that is withheld pending complete liquidation of the partnership. how much cash should be paid to each of the partners? a. $3,200 douglas, $8,000 ryan, $4,800 ellenb. $5,600 douglas, $14,000 ryan, $8,400 ellenc. $16,000 douglas, $0 ryan, $0 ellend. $8,000 douglas, $0 ryan, $8,000 ellen