"fast co. produces its product through a single processing department. direct materials are added at the start of production, and conversion costs are added evenly throughout the process. the company uses monthly reporting periods for its weighted-average process costing system. the work in process inventory account has a balance of $84,300 as of october 1, which consists of $17,100 of direct materials and $67,200 of conversion costs. during the month the company incurred the following costs: direct materials $ 144,400 conversion 862,400 during october, the company started 140,000 units and transferred 150,000 units to finished goods. at the end of the month, the work in process inventory consisted of 20,000 units that were 80% c omplete with respect to conversion costs."prepare the company’s process cost summary for october using the weighted-average method.

Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?