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Check my worl (The following information applies to the questions displayed below.) Scrooge and Zilch, a public accounting firm in London, is engaged in the
Check my worl (The following information applies to the questions displayed below.) Scrooge and Zilch, a public accounting firm in London, is engaged in the preparation of income tax returns for individuals. The firm uses the weighted average method of process costing for internal reporting. The following information pertains to February ( denotes the British monetary unit, pounds sterling.) 480 1,260 520 Returns in process, February 1: (38% complete) Returns started in February Returns in process, February 28: (75% complete) Returns in process, February 1: Labor Overhead Labor, February (6,470 hours) Overhead, February f 4,200 5,200 135,870 64,030 *Although the euro is used in most European markets, day-to-day business in the United Kingdom continues to be conducted in pounds sterling. Required: 1. Compute the following amounts for labor and for overhead: a. Equivalent units of activity. b. Cost per equivalent unit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the company's current income and determine the level of dollar sales needed to double that figure, assuming that manufacturing operations remain in the United States. (Do not round intermediate calculations and round your final answers to nearest whole dollar.) Current income Required dollar sales Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Compute the cost per equivalent unit for labor and for overhead. Costs per Equivalent Unit Labor Overhead Total
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