Exercise 4-8 equivalent units; cost per equivalent unit; assigning costs to units-weighted-average method [lo4-2, lo4-3, lo4-4] helix corporation uses the weighted-average method in its process costing system. it produces prefabricated flooring in a series of steps carried out in production departments. all of the material that is used in the first production department is added at the beginning of processing in that department. data for may for the first production department follow: percent complete units materials conversion work in process inventory, may 1 80,000 100 % 30 % work in process inventory, may 31 60,000 100 % 20 % materials cost in work in process inventory, may 1 $ 62,400 conversion cost in work in process inventory, may 1 $ 19,000 units started into production 266,000 units transferred to the next production department 286,000 materials cost added during may $ 152,120 conversion cost added during may $ 273,040 required: 1. calculate the first production department's equivalent units of production for materials and conversion for may. 2. compute the first production department's cost per equivalent unit for materials and conversion for may. 3. compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for may. 4. compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for may.

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.