1. Beginning work in process was 1,800 units, 3,800 additional units were put into production, and ending work in process was 750 units. How many units were completed?

2. The present value factor at 8% for one period is 0.92593, for two periods is 0.85734, for three periods is 0.79383, for four periods is 0.73503, and for five periods is 0.68058. The future value factors for the same rate and periods are: one period: 1.08, two periods: 1.1664, three periods: 1.944, four periods: 2.099, and five periods: 2.267. Given these factors, what amount should be deposited in a bank today to grow to $100 three years from now?

3. Moore Company reported sales of $175,000 (25,000 units). Fixed costs amounted to $30,000 and income for the period was $80,000. Determine the per-unit variable cost.

4. Scanlon Corporation has estimated its activity for April as follows:

Sales: $900,000
Gross profit (based on sales): 30%
Increase in accounts receivable during month: 15,000
Increase in finished goods inventory during month: 25,000
Total selling and administrative costs: 80,000
Depreciation included in selling and administrative costs: 15,000

Scanlon has no raw material or work in process inventory at the beginning or end of April. On the basis of the above, what are estimated cash disbursements for April?

5. The Environmental Filter Company is planning to sell air filter systems for $3,000 per unit. Variable costs are $1,200 per unit and total fixed costs are $1,200,000. What is the dollar value of sales necessary to break even?

6. Magic Corporation paid $100,000 in dividends. The corporation had 10,000 shares of common stock outstanding and 5,000 shares of $100 par value 4% preferred stock. The preferred stock was two years in arrears prior to the current year. How much was paid to the common stockholders?