In a particular department, 8,200 units were started and all but 1,400 were completed at the end of the period. these 1,400 were 80% complete for materials and 50% for conversion costs. costs added were $55,400 for materials and $52,100 for conversion costs. what is the total number of equivalent units for conversion costs?

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When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?