Simon Fishing Co. processes salmon for various distributors. The two departments involved are cleaning and Packing. The
Question:
All materials are added at the beginning of the process in the Cleaning Department.
Required
Prepare a reconciliation of units and a computation of equivalent units for June for the CleaningDepartment.
Transcribed Image Text:
Pounds of Salmon 40,000 500,000 30,000 Percent Complete 50% Work in Process, June 1 Started into processing during June Work in Process, June 30 75% Labor and overhead only
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
Units in beginning WIP 40000 Units started during June 500000 Units t...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
The Simon Fishing Company processes salmon for various distributors. The two departments involved are cleaning and Packing. The next table summarizes the data zelated to pounds of salmon processed in...
-
At mixing department, all materials are added at the beginning of the process. Lahore and overhead (conversion resources) are added evenly throughout the process. The following information pertains...
-
Alaskan Fisheries, Inc., processes salmon for various distributors and it uses the weighted-average method in its process costing system. The company has two processing departmentsCleaning and...
-
Rewrite these sentences to eliminate buzzwords and figures of speech. A. Also, through SCMC and by also gaining a membership in ISM, certification opportunities will be at your fingertips. B. The...
-
What is the meaning of each of the four states in the MESI protocol?
-
Explore the role of process intensification techniques, such as microreactor technology and membrane separation, in enhancing the efficiency and sustainability of chemical manufacturing processes....
-
This exercise considers data from the Medical Expenditure Panel Survey (MEPS) described in Exercise 1.1 and Section 11.4. Our dependent variable consists of the number of outpatient (COUNTOP) visits....
-
Refer to Exercise 3-30A. Requirements 1. Use the data in the partial worksheet to prepare Anderson Production Companys classified balance sheet at December 31 of the current year. Use the report...
-
Write about one of the following service-based organizations: Cirque du Soleil Ten Spa TD Bank Shaw Cable Goals: Explain each of the elements of the extended marketing mix. Describe the relationship...
-
The Makonsel Company is a fully integrated company that both produces goods and sells them at its retail outlets. After production, the goods are stored in the companys two warehouses until needed by...
-
At the start of November, Penco Refinery had Work in Process inventory consisting of 4,000 units that were 90 percent complete with respect to materials and 50 percent complete with respect to...
-
Tempe Chemicals renes a variety of chemicals for cleaning products. The following data are from the companys Greenville plant: Work in Process, May 1........ 2,200,000 gallons Direct...
-
Find the potential V(x, y) due to the two-dimensional systems of Figure 6.35. a. b. c. V=0 y a V=V V=V V=0 X
-
Develop a cultural profile for one of the countries in the following list. Form small groups of students and compare your findings in class with those of another group preparing a profile for another...
-
Why is an organizations understanding of its value chain important?
-
Explain how objective versus subjective perspectives influence the decision-making process. What role do you think this variable has played in all the negotiations conducted and decisions made by...
-
Explain the role that weak signals play in helping managers to understand potential changes in their macro-environment.
-
What is strategy?
-
Write the transfer function H(s) whose pole-zero plot is given in Fig. 8-38. H(s) -20 + j40 -40 joo, rad/s -20-j40 -10 , Np/s
-
In Problems 1522, find the principal needed now to get each amount; that is, find the present value. To get $750 after 2 years at 2.5% compounded quarterly.
-
Draw a graph to show the change in the land market from 1969 to 2007. Explain how the moratorium will influence the land market in 2008. Use the following information to work Problems 8 and 9....
-
For fiscal year 2014, LaundryMate Products had income as follows: Sales ...........................................................$55,000,000 Less: Cost of goods sold...
-
For fiscal year 2015, Katherine's Department Store had net income of $6,000,000.Interest expense was $2,250,000, and the company's tax rate on income was 40 percent. Total assets were $80,000,000,...
-
During 2014, Damon Company had the following transactions: 1. Purchased $200,000 of 10-year bonds issued by Gallant, Inc. 2. Purchased common stock in Morceau Company, as a long-term investment, for...
-
Apple has purchased land for $500,000 for their new factory. They make a down payment of $100,000, and the remainder is financed at (AAA+10) percent compounded semi-annually with semi-annual payments...
-
Task: Sarah is a 32 year old accounting executive who recently married her partner of 6 years, Austin. Sarah and Austin have decided they would like to try for a baby. Sarah has concerns around her...
-
Suppose CORP generates $100M in revenue by selling products currently in the firm's inventory. The sales are paid in cash and have a COGS of $80M. What is the effect of these sales on CORP's NOPAT...
Study smarter with the SolutionInn App