Answer the following questions using the information below:A…

Answer the following questions using the information below:Adkerson Inc. manufactures virtual reality goggles . Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Adkerson Inc.. uses weighted-average costing. The following information is available for the month of March 2016 for the Assembly department. Costs added during March Direct materials $700,000 Conversion costs $1,120,000 Work in process, beginning inventory: Direct materials $345,000 Conversion costs $360,000   Work in process, beginning inventory  300 units      Conversion costs (30% complete) Units started during March  800 units Work in process, ending inventory:  100 units      Conversion costs (50% complete) What is the direct materials cost per equivalent unit in March?

Mauldin Corporation has the following sales budget for the l…

Mauldin Corporation has the following sales budget for the last half of 2020: July $100,000 October $90,000 August $80,000 November $100,000 September $110,000 December $80,000 Historically, the cash collection of sales has been as follows:       60 percent of sales collected in month of sale,      30 percent of sales collected in month following sale, and      10 percent of sales collected in second month following sale. What are the expected total cash collections for the 4th quarter from sales?

Hunt Manufacturing is considering the purchase of equipment…

Hunt Manufacturing is considering the purchase of equipment for a cost of $41,000. Annual cash savings of $10,000 are expected for the next 5 years and the equipment is expected to be sold at the end of five years for $15,000. Using a discount rate of 12%, the present value of $1 at the end of year 5 is .567 and the present value of an annuity for 5 years is 3.605. Using a discount rate of 10%, the present value of $1 at the end of year 5 is .621 and the present value of an annuity for 5 years is 3.791.  Assuming the company has a 12% discount rate and a 10% internal rate of return, what is the net present value of the equipment purchase?