In June, one of the processing departments at Furbush Corporation had ending work in process inventory of $12,200. During the month, $406,000 of costs were added to production and the cost of units transferred out from the department was $428,000.

In the department’s cost reconciliation report for January, the cost of beginning work in process inventory for the department would be:

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?

The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap