Consider a four-step serial process with processing times given in the list below. There is one machine at each step of the process and this is a machine-paced process. Step 1: 26 minutes per unit
Step 2: 16 minutes per unit
Step 3: 23 minutes per unit
Step 4: 26 minutes per unit

Assuming that the process starts out empty, how long will it take (in hours) to complete a batch of 91 units?

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inventory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a.prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price.b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1

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