Exercise 20-5A FIFO: Computing equivalent units @ c4 Refer to the information in Exercise 20-4 and complete the requirements for each of the three separate assumptions using the FIFO method for process costing. - Part 1 Beginning inventory is 100% complete with respect to materials Ending inventory is 100% complete with respect to materials 3 9 20 EUP for Materials 1 Units of Product 21 22 23 24 25 26 2 Beginning inventory is 40% complete with respect to materials Ending Inventory is 75% complete with respect to materials 27 28 29 EUP for Materials 30 31 Units of Product 32 33 34 35 36 37 3 3 Beginning Inventory is 60% complete with respect to materials Ending Inventory is 30% complete with respect to materials 40 EUP for Materials Units of Product Weighted Average FIFO Weighted Ave 2 Shoot Microeconomics Problem Set #2 Supply and Demand Use the following graph to answer questions 1 through 3: 2 21 2 79 TR 17 10 15 71 # 10 N15 16 17 18 19 20 21 22 1. Plot the following Price and Quantity combinations. Note that the points are given in the format (Quantity, Price) (4,8), (1.2).(5, 10) 2. Is your graph more likely to be a demand curve or a supply curve? Why? 3. Using the equation of a line and for price and Q for quantity, what is the algebraic formula of this curve