Question :1 “The Frackle Department is the first of a two-stage production process.Spoilage is identified when theunits have completed the Forming process. Costs of spoiled units are assigned to units completed andtransferred to the second department in the period spoilage is identified.The following informationconcerns Forming’s conversion costs in May:
Units Conversion costs
Beginning work-in-process (50% complete) 2,000 $10,000Unitsstarted during May 8,000 75,500Spoilage—normal 500Units completed & transferred 7,000Ending work-in-process (80% complete) 2,500Using the weighted average method, what was Forming’s conversion cost transferred to the second production department?”

Question 2 BadBoy, Inc. makes two products, X and Y, that require allocation of indirect manufacturing costs. The following data was compiled by the accountant before making any allocations: Product X Product Y Quantity produced 10,000 20,000 Direct manufacturing labor hours 15,000 5,000 Setup hours 500 1,500 The total cost of setting up manufacturing processes and equipment is $400,000. The company uses a job-costing system with a single indirect cost rate. Under this system, allocated costs were $300,000 and $100,000 for X and Y, respectively. If an activity-based system is used, what would be the allocated costs for each product? Product X = ?? Product Y = ???
Question 3 Universal Company has made changes in its inventory handling policies that are expected to increase turnover from 7 to 8 times per year. Unity’s budgeted sales and costs of sales for the next year are $42 million and $28 million, respectively. At a 6% interest rate, what are Unity’s expected savings from the lower inventory level?
 Question 4 Para Co. is reviewing the following data relating to an energy saving investment proposal: Cost $50,000 Residual value at the end of 5 years 10,000 Present value of an annuity of 1 at 12% for 5 years 3.60 Present value of 1 due in 5 years at 12% 0.57 What would be the annual savings needed to make the investment realize a 12% yield?