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two part question please help!! A B D 1 Which formula properly calculates the future value of quarterly deposits of $1,000 left on 2 deposit
two part question please help!!
A B D 1 Which formula properly calculates the future value of quarterly deposits of $1,000 left on 2 deposit for 5 years at an annual return of 10%? Your formula must return a positive value. 3 4 Quarterly deposit $1,000 5 Annual return 10% 6 Number of years 5 7 Payments per year 4 8 Multiple Choice =FVI+B5/B7,86*B7-B4) Multiple Choice =FV1+B5/B7,36'B7.-B4) - FV1-B5'87,B6/B7+84) --FV[+B6/B7,86*B7-B4) FV(+B5/B7,36'B7-B4) A B C D E 1 Wild Company uses the weighted average method of process costing. It had 60,000 units in 2 beginning inventory, which were 80% complete as to materials and 65% complete as to 3 conversion. During the month, it started 120,000 units. At the end of the month, 48,000 units were in inventory, which were 75% complete as to materials and 70% complete as to conversion. Cost information is as follows: 4 5 6 Beginning work in process inventory 7 Direct materials costs $280,800 8 Conversion costs 181,350 9 Total beginning inventory cost $462,150 10 Costs added during the month: 11 Direct materials costs 710,400 12 Conversion costs 580,410 13 Total costs added during the month 1,290,810 14 Total production costs $1,752,960 15 16 Units Materials % Conversion % 17 Beginning Inventory 60,000 80% 65% 18 Units Started 120,000 19 Ending Inventory 48,000 75% 70% 20 21 Units transferred out 132,000 710,400 580,410 1,290,810 $1,752,960 10 Costs added during the month: Direct materials costs 12 Conversion costs 13 Total costs added during the month 14 Total production costs 15 16 Units 17 Beginning Inventory 60,000 18 Units Started 120,000 19 Ending Inventory 48,000 Materials % 80% Conversion% 65% 75% 70% 20 21 Units transferred out 22 Total equivalent units of production - direct materials 23 Total equivalent units of production - conversion 24 Cost per equivalent unit of production for direct materials 25 Cost per equivalent unit of production for conversion 26 Cost of units transferred out 27 Cost of units in ending inventory 132,000 168,000 165,600 $5.90 $4.60 $1,386,000 366,960 28 Multiple Choice =+B17-818-819 +B17 B18-B19 B17 B18-B19 --B17-B18-B19 Step by Step Solution
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