Onyemah Corporation uses the FIFO method in its process costing system. Operating data for the Brazing Department for the month of November appear below: UnitsPercent Complete with Respect to ConversionBeginning work in process inventory8700?40?%Transferred in from the prior department during November51,500? Completed and transferred to the next department during November49,600? Ending work in process inventory10,600?70?%?What were the equivalent units of production for conversion costs in the Brazing Department for November?
A. 57,020
B. 53,400
C. 49,600
D. 53,540
Answer: D
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a. 1 b. 5 c. 7 d. 10
Assume you are conducting a two-tailed Mann-Whitney U test for a small sample and have found that U1 = 58 and U2 = 86. What is the value of the test statistic?
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To help retain its talented workforce, Zapper Corporation opens a child care facility in the building next to its offices. It spends $200,000 on rent, salaries and supplies. With respect to the $200,000 expenditure, Zapper will be entitled to a tax credit and a tax deduction of
A.
| Tax Credit | Tax Deduction |
| $50,000 | $150,000 |
B.
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C.
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| $50,000 | $0 |
D.
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| $0 | $200,000 |