Goforth Company produces a product where all manufacturing inputs are applied uniformly. Goforth produced the following...
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Goforth Company produces a product where all manufacturing inputs are applied uniformly. Goforth produced the following physical flow schedule for April: Units to account for: Units in BWIP (40% complete) 330,000 Units started 680,000 Total units to account for 1,010,000 Units accounted for: Units completed: From BWIP 330,000 Started and completed 516,800 846,800 Units, EWIP (80% complete) 163,200 Total units accounted for 1,010,000 Required: Prepare a schedule of equivalent units using the weighted average method. Goforth Company Schedule of equivalent units (Weighted Average Method) Units completed 660,000 x 93,500 x Units in ending work in process x fraction complete: 753,500 x Equivalent units of output Feedback Check My Work Incorrect Nevt Goforth Company produces a product where all manufacturing inputs are applied uniformly. Goforth produced the following physical flow schedule for April: Units to account for: Units in BWIP (40% complete) 330,000 Units started 680,000 Total units to account for 1,010,000 Units accounted for: Units completed: From BWIP 330,000 Started and completed 516,800 846,800 Units, EWIP (80% complete) 163,200 Total units accounted for 1,010,000 Required: Prepare a schedule of equivalent units using the weighted average method. Goforth Company Schedule of equivalent units (Weighted Average Method) Units completed 660,000 x 93,500 x Units in ending work in process x fraction complete: 753,500 x Equivalent units of output Feedback Check My Work Incorrect Nevt
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Cornerstones of Managerial Accounting
ISBN: 978-1305103962
6th edition
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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