The safety chemical company produces a special kind of body oil that is widely used by professional sports trainers. the oil is produced in three processes: refining, blending, and mixing. raw oil materials are introduced at the beginning of the refining process. a "mountain-air scent" material is added in the blending process when processing is 50% completed. the following work-in-process account for the refining department is available for the month of july. the july 1 work-in-process balance contains $1,500 in material costs. work-in-process: refining beginning balance (5,000 gal, 80% complete) $ 6,500 materials (30,000 gal.) 12,300 direct labor 14,500 overhead 21,750 ending balance (6,000 gal., 2/3 complete) ? ? the safety chemical company uses weighted-average costing. required: (use 4 decimal places for computations.)

(a) compute the equivalent units of production for refining for july.
(b) compute the material cost per unit and the conversion cost per unit for july.
(c) compute the costs transferred to the blending department for july.
(d) compute the july 31 work-in-process inventory balance.

When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations

Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). use both the capm method and the dividend growth approach to find the cost of equity. calculate the cost of new stock using the dividend growth approach. what is the cost of new common stock based on the capm? (hint: find the difference between re and rs as determined by the dividend growth approach and then add that difference to the capm value for rs.)assuming that gao will not issue new equity and will continue to use the same target capital structure, what is the company’s wacc? e. suppose gao is evaluating three projects with the following characteristics. each project has a cost of $1 million. they will all be financed using the target mix of long-term debt, preferred stock, and common equity. the cost of the common equity for each project should be based on the beta estimated for the project. all equity will come from reinvested earnings. equity invested in project a would have a beta of 0.5 and an expected return of 9.0%.equity invested in project b would have a beta of 1.0 and an expected return of 10.0%.equity invested in project c would have a beta of 2.0 and an expected return of 11.0%.analyze the company’s situation, and explain why each project should be accepted or rejected g

Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?