Lansing, inc. provides the following information for one of its department’s operations for june (no new material is added in department t). wip inventory—department t beginning inventory ((8,200 units, 20% complete with respect to department t costs) transferred-in costs (from department s) $ 35,830 department t conversion costs 8,930 current work (18,900 units started) prior department costs 88,830 department t costs 167,020 the ending inventory has 3,200 units, which are 50 percent complete with respect to department t costs and 100 percent complete for prior department costs. required: a. complete the production cost report using the weighted-average method. (round "cost per equivalent unit" to 2 decimal places.)

Profits from using currency options and futures. on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda. com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2