The cost per equivalent unit of direct materials and conversion in the Bottling Department of Mountain Springs Water Company is $0.45 and $0.12, respectively. The equivalent units to be assigned costs are as follows:​ The beginning work in process inventory had a cost of $2,200. Determine the cost of completed and transferred out production and the ending work in process inventory.

Service operations tend to be labor intensive.

The dictator of a small country restricts the price of cars to an amount less than or equal to $1,200 (a price below the equilibrium price for cars) .Such a policy would set a:

A) price floor.
B) price ceiling.
C) quota.
D) tariff.

Carraway and Boos have a partnership agreement which includes the following provisions regarding sharing net income or net loss:
1. A salary allowance of $48000 to Carraway and $36000 to Boos.
2. An interest allowance of 10% on capital balances at the beginning of the year.
3. The remainder to be divided 60% to Carraway and 40% to Boos.
The capital balance on January 1 2017 for Carraway and Boos was $90000 and $120000 respectively. During 2017 the Carraway and Boos Partnership had sales of $495000 cost of goods sold of $290000 and operating expenses of $85000.
Instructions
Prepare an income statement for the Carraway and Boos Partnership for the year ended December 31 2017. As a part of the income statement include a Division of Net Income to each of the partners.

Donna is considering the option of becoming a co-owner in a business. Her investment choices are to hold a risk free asset that has a return of and co-ownership of the business, which has a rate of return of and a level of risk of . Donna's marginal rate of substitution of return for risk where is Donna's portfolio rate of return and σ_P is her optimal portfolio risk. Donna's budget constraint is given by Solve for Donna's optimal portfolio rate of return and risk as a function of , and . Suppose the table below lists the relevant rates of returns and risks. Use this table to determine Donna's optimal rate or return and risk.
Investment Rate of Return Risk
Risk Free 0.06 0
Business 0.25 0.39

Which of the following is true regarding the rights of a trustee in a Chapter 7 bankruptcy?

A) The trustee may take possession of the debtor's property and have it appraised.
B) If someone else holds the debtor's property,the trustee has the power to require the person to return that property.
C) The trustee may temporarily take over the debtor's business.
D) The trustee may take possession of the debtor's property and have it appraised; if someone else holds the debtor's property,the trustee has the power to require the person to return that property; and the trustee may temporarily take over the debtor's business.
E) The trustee may take possession of the debtor's property and have it appraised,and if someone else holds the debtor's property,the trustee has the power to require the person to return that property; however,the trustee may not take over the debtor's business even temporarily.

A portfolio beta can be defined as the:

A) Weighted average of the betas of the individual securities within the portfolio.
B) Total of the betas of the individual securities within the portfolio.
C) Amount of unsystematic risk remaining after the portfolio is diversified.
D) Measure of the unsystematic risk of the portfolio relative to the level of market risk.
E) Measure of the total risk of the portfolio in excess of the level of market risk.

An organization that seeks in increase the cohesiveness of its teams can

A) communicate a communal perspective to the team by stressing unity.
B) institute a program of group-level rewards rather than individual bonuses.
C) arrange for the teams to undertake enjoyable team challenges,such as backpacking together.
D) decrease the diversity of the teams.
E) use all the methods listed here to increase cohesion.