Matrix Inc. calculates cost for an equivalent unit of production using the FIFO method. Data for July: Work-in-process inventory, July 1 (35,000 units): Direct materials (97% completed)$122,950 Conversion (46% completed) 77,400 Balance in work in process inventory, July 1$200,350 Units started during July 86,000 Units completed and transferred 95,900 Work-in-process inventory, July 31: Direct materials (97% completed) 25,100 Conversion (46% completed) Cost incurred during July: Direct materials$185,500 Conversion costs 266,000 Total equivalent units for conversion under the FIFO method are calculated to be:

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(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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answerjointly by the fed and by the behavior of individuals who hold money and of banks in which money is held;