# The following information is available: Units in process, Dec. 1 (60 percent converted) 2,000 units

The following information is available: Units in process, Dec. 1 (60 percent converted) 2,000 units Units in process, Dec. 31 (50 percent converted) 1,000 units Units started during the month 7,500 units Materials are added at the beginning of the process. How many equivalent units in process for conversion were there in December

## Coates inc. experienced the following events in 2014, in its first year of operation: (1) received $20,000 ## Steven and Emily Campbell are planning to open a casual dining restaurant in downtown Akron, Ohio, and ## Roxy operates a dress shop in arlington, virginia. lisa, a maryland resident, comes in for a measurement ## Asap which statement is true? a. as the risk of an investment decreases, the opportunity of gains increases. ## Which tool or feature reduces speckling, dust particles, scratches, and minute light ## FIllmore Company began operations on Sept. 1 by purchasing$6000 of inventory and $600 of cleaning supplies. During the month, ## This Post Has 10 Comments 1. coggonp says: $p\%=\dfrac{p}{100}\\\\3\%=\dfrac{3}{100}=3:100=0.03$ 2. Bryson2148 says: Explanation: UNITS TO ACCOUNT FOR: Beginning Work in Process units 2,000 Add: Units Started in Process 7,500 Total Units to account for: 9,500 Equivalent Units: UNITS Conversion cost % Completion Units Units completed 8500100% 8,500 Ending Work in Process 100030% 300 Total Equivalent units 9500 8,800 3. s237200 says: 65% = 0.65 = 65/100 (65/100) / (5/5) = 13/20 13/20 is the simplest fraction achievable. I hope this helps, let me know if you have any questions! 4. nataliemakin7123 says: 2.01yrs Explanation: future value = present value * (1+r)^n where r = interest rate per period and n = number of periods => 1480 * (1+7.7%/2)^n = 1300 * (1+7.7%)^n => n = 2.01 year 5. kendarriuskj1990 says: 206/100 103/50 2 3/50 2 whole and 3/50 6. jenn8055 says:$915.71

Explanation:

Price of the bond is determined by calculating the present value of all cash flows.

We will use following formula in Excel

=nper(rate,pmt.-pv,fv)

rate = Interest rate = 12% x 6/12 = 6%

pmt = Coupon Payment=$1000 x 8.3% x 6/12=$41.50

pv = Price of first coupon = $813.04 fv = Face value =$1000

Placinf all the values in the formula

=nper(6%,41.50,-813.04,1000)= 16.00

Years to maturity=16/2=8 years

The years to maturity of second bond=8+3=11 years

price of second bond=-pv(rate,nper,pmt,fv)

rate = 6%

nper = 11 years x 2= 22

pmt =5.3% x $1000=$53

fv = $1000 Placing values in the formula =-pv(6%,22,53,1000)=$915.71

7. alexdonnelly2123 says:

$915.71 Explanation: In order to determine the second bond price we need to determine the number of years to maturity of the first bond using nper formula in excel. =nper(rate,pmt.-pv,fv) rate is the semiannual interest rate of 6% (12%*6/12) pmt is the semiannual interest=$1000*8.3%*6/12=$41.50 pv is the current price at$813.04

fv is the face value of $1000 =nper(6%,41.50,-813.04,1000)= 16.00 The years to maturity=16/2=8 years The years to maturity of second bond=8+3=11 years price of second bond=-pv(rate,nper,pmt,fv) rate is 6% nper is 11 years multiplied by 2= 22 pmt =5.3%*$1000=$53 fv is$1000

=-pv(6%,22,53,1000)=\$915.71

8. bmr12 says:

$p\%=\dfrac{p}{100}\\\\3\%=\dfrac{3}{100}=3:100=0.03$

9. gagedugan2019 says:

7,800 units

Explanation:

work in process December 1 = 2,000 units x 60% = 1,200 equivalent units

work in process December 31 = 1,000 units x 50% = 500 equivalent units

unis started during the month = 7,500

total units transferred out = 2,000 units + 7,500 units - 1,000 units = 8,500

equivalent conversion units = total units transferred out + ending WIP - beginning WIP = 8,500 units + 500 units - 1,200 units = 7,800

10. greeneashlynt says:

$p\%=\dfrac{p}{100}\\\\206\%=\dfrac{206}{100}=\dfrac{206:2}{100:2}=\dfrac{103}{50}=\dfrac{100+3}{50}=\dfrac{100}{50}+\dfrac{3}{50}=2\dfrac{3}{10}\\\\\boxed{206\%=\frac{103}{50}=2\frac{3}{50}}$