During November, the production department of a process operations system completed and transferred to finished goods 22,000 units that were in process at the beginning of November and 140,000 units that were started and completed in November. November's beginning inventory units were 100% complete with respect to materials and 70% complete with respect to conversion. At the end of November, 36,000 additional units were in process in the production department and were 100% complete with respect to materials and 50% complete with respect to conversion. Compute the number of equivalent units with respect to materials for November using the weighted-average method.

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)