On January 1, 2022, Ladd Corporation had retained earnings of $505,000. During the year, Ladd had the following selected transactions. 1. Declared cash dividends $120,000. 2. Earned net income $320,000. 3. Declared stock dividends $60,000. Instructions Compute the ending balance in retained earnings at the end of 2022.

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units