At the beginning of the month, the forming department of martin manufacturing had 10,000 units in inventory, 30% complete as to materials, and 10% complete as to conversion. during the month the department started 60,000 units and transferred 62,000 units to the next manufacturing department. at the end of the month, the department had 8,000 units in inventory, 80% complete as to materials and 60% complete as to conversion. if martin manufacturing uses the weighted average method of process costing, compute the equivalent units for materials and conversion respectively for the forming department.

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Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above

Aminor has the legal right to repudiate