The following is an account for a production department, showing its costs for one month:

Work in Process Inventory
Beginning Balance 5,400 Completed and transferred out 49,410
Direct materials 21,600
Direct labor 16,200
Overhead 10,800
Ending Balance 4,590

Assume that materials are added at the beginning of the production process and that direct labor and overhead are applied uniformly. If the started and completed units cost $41,850, what was the cost of completing the units in the beginning Work in Process inventory?

a. $16,950.
b. $37,260.
c. $10,760.
d. $3,760.
e. $60,400.

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?