Ron is 30 years old and is retiring at the age of 65. when he retires, he will need a monthly income of $1,270 for 10 years. if ron contributes 5% of his monthly income to a 401(k) paying 2.75% compounded monthly, will he reach his goal for retirement given that his monthly income is $1,571.12? if he does not make his goal then state by what amount he will need to supplement his income. round all answers to the nearest cent. a. ron will meet his monthly goal of exactly $1,270 for retirement. b. ron will meet his monthly goal of $1,270 for retirement with an excess of $7.42. c. ron will not make his monthly goal of $1,270 and will need $74.16 to supplement his monthly income when he retires. d. ron will not make his monthly goal of $1,270 and will need $741.68 to supplement his monthly income when he retires.

Pestiferous manufacturing produces a chemical pesticide and uses process costing. there are three processing departmentslong dash​mixing, ​refining, and packaging. on january​ 1, the first departmentlong dashmixinglong dashhad no beginning inventory. during​ january, 48,000 fl. oz. of chemicals were started in production. of​ these, 40,000 fl. oz. were​ completed, and​ 8,000 fl. oz. remained in process. in the mixing​ department, all direct materials are added at the beginning of the production​ process, and conversion costs are applied evenly throughout the process. at the end of​ january, the equivalent unit data for the mixing department were as​ follows: units equivalent units equivalent units units to be accounted for direct materials costs conversion costs completed and transferred out ​40,000 ​40,000 ​40,000 ending​ work-in-process* ​8,000 ​8,000 ​3,520 ​48,000 ​48,000 ​43,520 ​* percent complete for conversion​ costs: 44% in addition to the​ above, the cost per equivalent unit were​ $1.35 for direct materials and​ $5.30 for conversion costs. using this​ data, calculate the full cost of the ending wip balance in the mixing department. the​ weighted-average method is used.