Elliott Company produces large quantities of a standardized product. The following information is available for its production activities for March

Elliott Company produces large quantities of a standardized product. The following information is available for its production activities for March. Units Costs Beginning work in process inventory 1,000 Beginning work in process inventory Started 10,000 Direct materials $ 1,620 Ending work in process inventory 2,000 Conversion 3,936 $ 5,556 Status of ending work in process inventory Direct materials added 66,360 Materials—Percent complete 100 % Direct labor added 73,410 Conversion—Percent complete 25 % Overhead applied (140% of direct labor) 102,774 Total costs to account for $ 248,100 Ending work in process inventory $ 21,840 Prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per EUP, and its cost assignment and reconciliation. Use the weighted-average method.

Your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost: You just received an offer in the mail to

Your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost: You just received an offer in the mail to transfer your $12,000 balance from your current credit card, which charges an annual rate of 18.6 percent, to a new credit card charging a rate of 9.2 percent. How much faster could you pay the loan off by making your planned monthly payments of $225 with the new card? What if there was a 2 percent fee charged on any balances transferred?

Perkins Manufacturing is considering the sale of two non depreciable​ assets

Perkins Manufacturing is considering the sale of two non depreciable​ assets, X and Y. Asset X was purchased for $ 1 comma 920$1,920 and will be sold today for $ 2 comma 400$2,400. Asset Y was purchased for $ 29 comma 000$29,000 and will be sold today for $ 35 comma 200$35,200. The firm is subject to a 34 %34% tax rate on capital gains.

a. Calculate the amount of capital​ gain, if​ any, realized on each of the assets.

b. Calculate the tax on the sale of each asset.

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