Part I: Complete the following homework problems from the end of the chapters: E1-4, E1-5,
E1-6, E1-9
Part II: Complete the following homework problems from the end of the chapters: E2-1, E2-2,
E2-4, E2-7, E2-17, and P2-3A
Part III:
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Choose a major publicly traded corporation, then go to the corporation’s site and retrieve
the information needed for this assignment.
Provide information about the history of the corporation and its current product
offerings.
Provide a screenshot of the corporateàlatest reported income statement.
Organize the income statement in an Excel file to enable you to verify the arithmetic in
the income statement, and explain your verifications.
Also, explain the nature of each item in the income statement.
All submissions should be in one Word file.
Information for the Hi-Test companyàproduction process for September follows. Assume that
all materials are added at the beginning of this production process, and that conversion costs are
added uniformly throughout the process.
Compute each of the following.
1. The number of equivalent units for materials for the month.
2. The number of equivalent units for conversion for the month.
3. The variable cost per equivalent unit of materials for the month.
4. The variable cost per equivalent unit for conversion for the month.
5. The total variable cost of goods transferred out.
6. The total variable cost of ending work in process inventory.
Intructions:
– Read your textbook and other peer-reviewed publications, write a minimum of four (4) pages of
high quality well-written APA formatted standard with a minimum of 6 references.
– REQUIRED TEXT: Wild, J., & Shaw, K. (2019). (8th ed.). Financial and managerial
accounting: Information for decisions. McGraw-Hill ; Print ISBN: 978-1260247855 ; eText
ISBN: 978-1260417210

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