The following information related to physical units in Hayward Company's manufacturing facility. The company's product passes through
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- The following information related to physical units in Hayward Company's manufacturing facility. The company's product passes through each of the four departments in sequential order.
Department | ||||
1 | 2 | 3 | 4 | |
Beginning inventory units | 1,800 | 1,250 | ? | 700 |
Units started | 6,200 | ? | ? | 5,400 |
Units completed and transferred out | ? | ? | ? | 5,200 |
Ending inventory units | 1,500 | 1,100 | 2,150 | 800 |
How many physical units are in beginning work in process in Department 3?
What are the equivalent units for materials in the Packaging department for June using the FIFO method?
3. Using the weighted average method, what is the total cost of units transferred out during August?
4. Using the FIFO method, what is the total cost of units transferred out during August?
5. What was the cost per equivalent unit for conversion for July under FIFO? (rounded to the nearest penny)
Related Book For
Operations Management in the Supply Chain Decisions and Cases
ISBN: 978-0073525242
6th edition
Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein
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