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Use the information below to answer the following question(s) .Cartwright Custom Carpentry manufactures chairs in its Processing Department, and uses the FIFO cost flow assumption.Direct Materials are included at the inception of the production cycle and must be bundled in single kits for each unit.Conversion costs are incurred evenly throughout the production cycle.Inspection takes place at the end of the process, and spoiled units generally constitute 3 percent of the good output.Information provided for March is as follows:
-What are the normal and abnormal spoilage units, respectively, for March?
Modest Dividend
A relatively small or conservative amount paid out to shareholders from a company's earnings.
Implied Constant Growth
A concept in financial modeling that assumes a company or economy will continue to grow at a consistent rate indefinitely, impacting valuation methods.
Kyocera
A multinational corporation based in Japan, specializing in ceramic and electronic products.
Last Dividend
The most recent distribution of profits made by a corporation to its shareholders.
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