Concerns about national sovereignty in the EU have been a major impediment to economic integration

Effects Manufacturing produces a pesticide chemical and uses process costing

There are three processing departments-Mixing, Refining, and Packaging. On January 1, the Refining Department had 4,000 gallons of partially processed product in production. During January, 30,000 gallons were transferred in from the Mixing Department, and 30,000 gallons were completed and transferred out. At the end of the month, 4,000 gallons of partially processed product remained in the Refining Department. See additional details below. Refining Department, ending balance at January 31 Percent completed for materials cost: 94% Percent completed for conversion cost: 76% What was the total number of equivalent units of production for conversion costs for the month of January for the Refining Department? A) 3,040 units B) 33,040 units C) 30,000 units D) 3,760 units

Terry has 15 unsecured creditors and has decided to declare bankruptcy. On November 25, 2019 he pays in full his debt to one of the creditors (Acme Finance Company). One week later Terry files for bankruptcy. On behalf of the creditors the trustee makes a claim against Acme demanding that Acme turn over to the trustee the payment which was made to Terry. Is Acme obligated to do this?

A. No, as Terry filed for bankruptcy after the payment was made to Acme. B. No, as Acme is a priority creditor. C. Yes, as the payment to Acme was a preference D. Yes, as the payment to Acme was a fraudulent transfer