16.On March 1, 2019, Baltimore Company's beginning work in process inventory had 9,500 units. This is its only production department. Beginning WIP units were 50% complete to conversion costs. Baltimore introduces direct materials at the beginning of the production process.During March, a total of 29,200 units were started and the ending WIP inventory had 10,200 units which were 70% complete to conversion costs.Baltimore uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs. (Round answer to the nearest whole number of units)

17.On March 1, 2019,Annapolis Company has a beginning Work in Process inventory of zero.All materials are added into production at the beginning of its production.There is only one production WIP inventory.During the month 37,000 units were started. At the end of the month all started units were 70% complete with respect to conversion. Direct Materials placed into production had a total cost of $340,000 and the total conversion cost for the month was $368,000.Annapolis uses the weighted-average process costing method. Use this information to determine the cost per equivalent unit of direct material for the month of March. (Round answer to the nearest cent.)

18.On March 1, 2019,Annapolis Company has a beginning Work in Process inventory of zero.All materials are added into production at the beginning of its production.There is only one production WIP inventory.During the month 35,000 units were started. At the end of the month all started units were 60% complete with respect to conversion. Direct Materials placed into production had a total cost of $425,000 and the total conversion cost for the month was $373,000.Annapolis uses the weighted-average process costing method. Use this information to determine the cost per equivalent unit of conversion for the month of March. (Round answer to the nearest cent.)

19.On January 1, Easton Company had cash on hand of $90,000.All of January's $228,000 sales were on account. December sales of $230,000 were also all on account.Experience has shown that Easton typically collects 30% of receivables in the month of the sale and the balance the following month.All materials and supplies are purchased on account and Easton has a history of paying for half of these purchases in the month of purchase and half the following month.Such purchases were $171,000 for December and $151,000 for January.All other expenses including wages are paid in the month incurred.These amounted to $42,000 in December and $52,000 in January.Use this information to determine the projected ending balance of cash on hand for January. (Round answer to the nearest whole dollar)

20.On January 2, 2018, Baltimore Company purchased 10,000 shares of the stock of Towson Company at $15 per share.Baltimore obtained significant influence as the purchase represents a 40% ownership stake in Towson Company.On August 1, 2018, Towson Company paid cash dividends of $25,000.Baltimore Company intended this investment to a long-term investment.On December 31, 2018, Towson Company reported $65,000 of net income for FY 2018.Additionally, the current market price for Towson Company's stock increased to $21 per share at the end of the year.Use this information to determine, how much Baltimore Company should report for its investment in Towson Company on December 31, 2018. (Round to the nearest dollar.)

21.On January 2, 2018, Baltimore Company purchased 6,000 shares of the stock of Towson Company at $12 per share.Baltimore did NOT obtain significant influence as the purchase represents a 5% ownership stake in Towson Company.On August 1, 2018, Towson Company paid cash dividends of $17,000.Baltimore Company intended this investment to a long-term investment.On December 31, 2018, Towson Company reported $50,000 of net income for FY 2018.Additionally, the current market price for Towson Company's stock increased to $21 per share at the end of the year.Use this information to determine, how much Baltimore Company should report for its investment in Towson Company on December 31, 2018. (Round to the nearest dollar.)

22.Frederick Company has two service departments (Cafeteria Services & Maintenance).Frederick has two production departments (Assembly Department & Packaging Department.)Frederick uses a step allocation method where Cafeteria Services is allocated to all departments and Maintenance Services is allocated to the production departments.All allocations are based on total employees.Cafeteria Services has costs of $285,000 andMaintenancehas costs of $205,000 before any allocations.What amount of Maintenance total cost is allocated to the Packaging Department?(round to closest whole dollar) Employees are:

Cafeteria Services5

Maintenance3

AssemblyDepartment9

Packaging Department7