Washington State Fisheries, Incorporated, processes salmon for various distributors. Two departments, processing and packaging, are involved....
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Washington State Fisheries, Incorporated, processes salmon for various distributors. Two departments, processing and packaging, are involved. Data relating to tons of salmon sent to the processing department during May follow: Work-in-process inventory, May 1 Work-in-Process inventory, May 31 Started processing during May Tons of Salmon 2,000 3,820 8,950 Percent Completed Direct Materials 80% 50% Required: 1. Calculate the number of tons completed and transferred out during the month. 2. Calculate the number of equivalent units for both direct materials and conversion for the month of May, assuming that the company uses the weighted-average method. 3. How would your answer in requirement 2 change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40%? Complete this question by entering your answers in the tabs below. Conversion 70% 30% Reaired 1 Required 2 Required 3 Calculate the number of tons completed and transferred out during the month. Units completed and transferred out Required 2 > Washington State Fisheries, Incorporated, processes salmon for various distributors. Two departments, processing and packaging, are involved. Data relating to tons of salmon sent to the processing department during May follow: Work-in-process inventory, May 11 Work-in-Process inventory, May 31 Started processing during May Tons of Salmon 2,000 3,820 8,950 Percent Completed Direct Materials 80% 50% Required: 1. Calculate the number of tons completed and transferred out during the month. 2. Calculate the number of equivalent units for both direct materials and conversion for the month of May, assuming that the company uses the weighted-average method. 3. How would your answer in requirement 2 change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40% ? Complete this question by entering your answers in the tabs below. Direct materials Conversion Conversion 70% 30% Required 1 Required 2 Required 3 Calculate the number of equivalent units for both direct materials and conversion for the month of May, assuming that the company uses the weighted-average method. Equivalent Units < Required 1 Required 3 > Washington State Fisheries, Incorporated, processes salmon for various distributors. Two departments, processing and packaging, are involved. Data relating to tons of salmon sent to the processing department during May follow: Work-in-process inventory, May 1 Mork-in-Process inventory, May 31 Started processing during May Tons of Salmon 2,000 3,820 8,950 Percent Completed Direct Materials 80% 50% Required: 1. Calculate the number of tons completed and transferred out during the month. 2. Calculate the number of equivalent units for both direct materials and conversion for the month of May, assuming that the company uses the weighted-average method. 3. How would your answer in requirement 2 change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40%? Complete this question by entering your answers in the tabs below. Direct materials Conversion Conversion 70% 30% Required 1 Required 2 Required 3 How would your answer in requirement 2 change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40%? Equivalent Units < Required 2 Required 3 > Washington State Fisheries, Incorporated, processes salmon for various distributors. Two departments, processing and packaging, are involved. Data relating to tons of salmon sent to the processing department during May follow: Work-in-process inventory, May 1 Work-in-Process inventory, May 31 Started processing during May Tons of Salmon 2,000 3,820 8,950 Percent Completed Direct Materials 80% 50% Required: 1. Calculate the number of tons completed and transferred out during the month. 2. Calculate the number of equivalent units for both direct materials and conversion for the month of May, assuming that the company uses the weighted-average method. 3. How would your answer in requirement 2 change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40%? Complete this question by entering your answers in the tabs below. Conversion 70% 30% Reaired 1 Required 2 Required 3 Calculate the number of tons completed and transferred out during the month. Units completed and transferred out Required 2 > Washington State Fisheries, Incorporated, processes salmon for various distributors. Two departments, processing and packaging, are involved. Data relating to tons of salmon sent to the processing department during May follow: Work-in-process inventory, May 11 Work-in-Process inventory, May 31 Started processing during May Tons of Salmon 2,000 3,820 8,950 Percent Completed Direct Materials 80% 50% Required: 1. Calculate the number of tons completed and transferred out during the month. 2. Calculate the number of equivalent units for both direct materials and conversion for the month of May, assuming that the company uses the weighted-average method. 3. How would your answer in requirement 2 change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40% ? Complete this question by entering your answers in the tabs below. Direct materials Conversion Conversion 70% 30% Required 1 Required 2 Required 3 Calculate the number of equivalent units for both direct materials and conversion for the month of May, assuming that the company uses the weighted-average method. Equivalent Units < Required 1 Required 3 > Washington State Fisheries, Incorporated, processes salmon for various distributors. Two departments, processing and packaging, are involved. Data relating to tons of salmon sent to the processing department during May follow: Work-in-process inventory, May 1 Mork-in-Process inventory, May 31 Started processing during May Tons of Salmon 2,000 3,820 8,950 Percent Completed Direct Materials 80% 50% Required: 1. Calculate the number of tons completed and transferred out during the month. 2. Calculate the number of equivalent units for both direct materials and conversion for the month of May, assuming that the company uses the weighted-average method. 3. How would your answer in requirement 2 change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40%? Complete this question by entering your answers in the tabs below. Direct materials Conversion Conversion 70% 30% Required 1 Required 2 Required 3 How would your answer in requirement 2 change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40%? Equivalent Units < Required 2 Required 3 >
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Related Book For
Cost Management A Strategic Emphasis
ISBN: 978-0078025532
6th edition
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
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