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Yimron Corporation uses the weighted-average method in its process costing system. Information for the month of March concerning Department A, the first stage of the company's production process, follows:
Materials Conversion CostWork in process, beginning $4,900 $2,600 Costs added during March $19,300 $15,700 Cost per equivalent unit $.25 $.17 Units completed and transferred to the next department 84,000 units Work in process, ending 9,800 units
Materials are added at the beginning of the process. The ending work in process is 60% complete with respect to conversion costs. What cost would be recorded for the ending work in process inventory?
a) $4,116
b) $1,724.8
c) $3,449.6
d) $4,949.6
When the market value of an investment in debt securities exceeds its carrying amount, how should the asset be reported at the end of the year for each of the following?
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Write a summary of asset treatment in a business. Examine the aspects of acquisition, depreciation, revising periodic depreciation, expenditures during useful life, and the three different means of disposal.
Create a formula to calculate your rate of return for each year. What is your overall return over the life of your investment? What is the average annual return over the life of the investment? Use the geomean function.
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