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A Biology graduate student at the University of Louisiana de…

A Biology graduate student at the University of Louisiana decides that her research project would be to study the effects of phosphate on algae growth in experimental ponds.  She set up a series of small ponds containing  the same amount of algae.  in Pond No. 1 she put 2 pounds of phosphate, in Pond No. 2 she put 1 pound of phosphate, and in Pond No. 3 she put a pound of table salt (sodium chloride).   She then measured the number of algae cells per ounce of water in each pond.  She thinks that the concentration of phosphate fertilizer may increase algal growth. What is her Hypothesis?

Mannarelli Corporation uses the FIFO method in its process c…

Mannarelli Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below:       Units Conversion Percent Complete Beginning work in process inventory 15,000 20% Transferred in from prior department during September 89,000   Ending work in process inventory 24,000 90%   Units started and completed for the month were 65,000.   Units completed and transferred out for the month totaled 80,000. According to the company’s records, the conversion cost in beginning work in process inventory was $15,660 at the beginning of September. Additional conversion costs of $526,524 were incurred in the department during the month. The cost per equivalent unit for conversion costs for September is closest to: (Round off to three decimal places.)