Lexicon, Inc. had beginning inventory in March consisting of 15,000 units (60 percent converted) and ending inventory consisting of 20,000 units (40 percent converted). In addition, 45,000 units were started during the period. How many equivalent units for conversion costs were in process March using the weighted average method?

Lexicon, Inc. had beginning inventory in March consisting of 15,000 units (60 percent converted) and ending inventory consisting of 20,000 units (40 percent converted). In addition, 45,000 units…

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(To earn full credit for this graph you must plot all required points for each curve. While plotting the points a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed.)

2. Looking at the graph you prepared for requirement 1, select two representative data points and calculate the quarterly forecast for 2019 using the high-low method.

3. Calculate the quarterly forecasts for 2019 using the results of a regression analysis. Evaluate the results of the regression analysis and make appropriate changes to improve the model.

Lexon Inc. is a large manufacturer of affordable DVD players. Management recently became aware of risingexpenses resulting from returns of malfunctioning products. As a starting point for further analysis, PaigeJennings, the controller, wants to test different forecasting methods and then use the best one to forecast quarterly expenses for 2019. The relevant quarterly data for the previous three years follow: 2 0 1 6 Return 2 0 1 7 Return 2 0 18 ReturnQuarter Expenses Quarter Expenses Quarter Expenses1 $ 13,100 1 $ 13,500 1 $ 14,000 2 11,300 2 12,700 2 12,900 3 12,100 3 12,300 3 12,700 4 14,300 4 14,700 4 15,300 [— The result of a simple regression analysis using all 12 data points yielded an intercept of $12,383.33 and acoefficient for the independent variable of $138.46. (R-squarecl = 0.46. SE = $1,017.60.)

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Assignment 3: Graded Weekly Assignment: Contract—Coffee Export to China

Andrea and Lena completed the purchase of the coffee business in Panama. They have decided to begin exporting their coffee. In addition to exporting from Panama into the U.S., they are considering exporting it to China. U.S. distributors have already indicated willingness to pay $4 per pound for the coffee; the Chinese company on the other hand will only pay $2 per pound.

Your attorney asks you to draft a contract between your client’s company and the Chinese company. Click here for a standard international sale of goods contract, which will serve as a model for your contract.

Draft the contract in a Word document.

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Please check my adjusted trial balance at the end. Thanks, Jon

During 2018, the following occurred:

1. Customer sales on account $400,000.
2. Received payments from customers in cash $380,000.
3. Purchased merchandise on credit $220,000.
4. Paid cash to vendors $230,000.
5. Costs related to merchandise sold $170,000.
6. Operating expenses were paid in cash $80,000.

There is additional information to consider.

• A note payable for $46,200 was issued on June 30, 2018 and is due in two years on June 30, 2020. Interest in the amount of 10% is paid annually on June 30th.
• Depreciation on the plant assets for the year is $20,000.
• The original cost of the plant assets was $300,000.

As of December 31, 2018

• Attachment 1
• Attachment 2
• Attachment 3
• Attachment 4
• Attachment 5
• Attachment 6

Liabilities*Accounts payableCommon Stockbeg .4 4, 610beg .250, 00031 – Dec220, 00.031 – Dec230.0.0034, 616Ending250, 0.00Retained EarningsNotes payable*beg .24, 288beg .30 – Jun46, 200Ending24, 288Ending46, 200

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LIAM LTD is considering a new investment in Castries. The investment has an initial cost of $300,000. The sales revenues of the investment are $120,000 in year 1, $135,000 in year 2, $140,000 in year 3, $105,000 in year 4, and $100,000 in year 5. In each year, the operating costs are 20 per cent of the sales. The changes in net working capital are as follows: $11,000 in year 0, $3,000 in year 1, £$,000 in year 2, -$4,000 in year 3, -$2,000 in year 3, and -$10,000 in year 5, so that net working capital is fully recovered at the end of the project. The corporate tax rate is 30%, and the investment is depreciated using the straight-line method. The investment is sold at the residual value of $150,000 after depreciation at the end of the 5 years. 

a) Calculate the Earnings Before Interest and Taxes (EBIT) in each year, from year 1 to year 5. 

b) Calculate the Operating Cash Flows (OCF) in each year, from year 1 to year 5. 

c) Calculate the Net Cash Flows (NCF) in each year, from year 0 to year 5. 

d) Calculate the Net Present Value (NPV) at the discount rate of 12 per cent.

e) Suppose that the relevant discount rate increases to 19 per cent. Which conclusions can you derive by comparing the results obtained in points d) and e)? 

ParticularsYear oYear 1Year 2Year 3Year 4Year 5sales20 000.005 135 , 090.005 140 , 000 .00 5 105 0 00.00 5 100 000.00Less : Opreating cost 20 %4, 900.00 / S27 090 0028. 0 00.00 IS21…

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