The Converting Department of Worley Company had 880 units in work in process at the beginning of the period, which were 60% complete. During the period, 18,400 units we were 1,000 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0". Worley Company Number of Equivalent Units of Production Inventory in process, beginning Started and completed Transferred to Packing Department Inventory in process, ending Total Feedback Whole Units 880 ✓ 17,520 ✔ 18,400 ✓ 1,000 ✓ 19,400 ✓ Direct Materials Equivalent Units 0 ✓ 17,520 ✔ 17,520 ✔ 1,000 ✓ 18,520 ✔ Conversion Equivalent Units T264 X 175 Alpha-numeric input field 17,784 X 300 X 18,084 X T Check My Work When are the materials added to the units? How much more needs to be done to the beginning units with respect to conversion costs to complete the units? How much has with respect to materials and conversion?

Problem 9-25 Fudge factors An oil company executive is considering investing $10.1 million in one or both of two wells: well 1 is expected to produce oil worth $3.01 million a year for 10 years; well 2 is expected to produce $2.01 million for 15 years. These are real (inflation-adjusted) cash flows. The beta for producing wells is 0.91. The market risk premium is 9%, the nominal risk-free interest rate is 7%, and expected inflation is 3%. The two wells are intended to develop a previously discovered oil field. Unfortunately there is still a 21% chance of a dry hole in each case. A dry hole means zero cash flows and a complete loss of the $10.1 million investment. Ignore taxes and make further assumptions as necessary. a. What is the correct real discount rate for cash flows from developed wells? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Real discount rate b. The oil company executive proposes to add 20 percentage points to the…

Answer Question 4

I, J, K

Trying to find answer a through e

what is a P&L

3. What is the NAV?

duct

But why? for number 3

need help with question 6