Question

Basic Flows, Equivalent Units Thayn Company produces an arthritis medication that passes through two departments: mixing and
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Ans: 1)

a) the number units transferred

= units started - EWIP

= 430000 - 36000 = 394000 units

b)

The equivalent units

= Units completed and transferred + 50% of EWIP

= 394000 + 50% of 36000

= 394000 + 18000

= 412000 units.

2) Number unit transferred to finished goods

= BWIP + units transferred from Mixing department in February - EWIP

= 34000 + 412000 - 12000 = 434000 units.

3) 100 tablets weighs 8 ounces.

so the number of bottles that could be transferred in terms of bottles of 100 tablets

= 434000 / 100 = 4340 bottles

and the weight of the units that could be transferred = 4340*8 = 34,720 ounce

taking one bottle as one unit:

Units transferred = 4340 units

Add a comment
Know the answer?
Add Answer to:
Basic Flows, Equivalent Units Thayn Company produces an arthritis medication that passes through two departments: mixing...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Basic Flows, Equivalent Units Thayn Company produces an arthritis medication that passes through two departments: mixing...

    Basic Flows, Equivalent Units Thayn Company produces an arthritis medication that passes through two departments: mixing and tableting. Thayn uses the weighted average method. Data for February for mixing are as follows: BWIP was zero; EWIP had 36,000 units, 50% complete; and 430,000 units were started. Tableting's data for February are as follows: BWIP was 34,000 unts, 20% complete, and 12,000 units were in EWIP, 40% complete. Required: 1. For Mixing, calculate the (a) number of units transferred to Tableting,...

  • FIFO Method, Equivalent Units, Unit Cost, Multiple Departments Fordman Company has a product that passes through...

    FIFO Method, Equivalent Units, Unit Cost, Multiple Departments Fordman Company has a product that passes through two processes: Grinding and Polishing. During December, the Grinding Department transferred 20,000 units to the Polishing Department. The cost of the units transferred into the second department was $40,000. Direct materials are added uniformly in the second process. Units are measured the same way in both departments. The second department (Polishing) had the following physical flow schedule for December: Units to account for:   Units,...

  • please answer the followinf question. Process Costing (Cornerstone Pages): The mixing department of Seville Company uses...

    please answer the followinf question. Process Costing (Cornerstone Pages): The mixing department of Seville Company uses two processes, Blending and Cooking. The following information pertains to the Blending Department for February. Units in Beginning Work in Process (40% complete) Units Completed and Transferred Out Units in Ending Work in Process (60% complete) 100,000 370,000 50,000 Production Costs are as follows: Cost for Beginning WIP: Materials Conversion Total: $20,000 $40,000 $60,000 Current Costs: Materials Conversion Total: $200,000 $350,000 $550,000 * Note:...

  • Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking...

    Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all materials are added at the beginning of the process. Output is measured in ounces. The production data for July are as follows: Production: Units in process, July 1, 60% complete* Units completed and transferred out Units in process, July 31, 80% complete* * With respect to conversion costs. 10,000 80,000 15,000 Required: 1. Prepare a physical flow schedule for July. Jackson Products...

  • FIFO Method, Equivalent Units, Unit Cost, Multiple Departments Fordman Company has a product that passes through...

    FIFO Method, Equivalent Units, Unit Cost, Multiple Departments Fordman Company has a product that passes through two processes: Grinding and Polishing. During December, the Grinding Department transferred 20,000 units to the Polishing Department. The cost of the units transferred into the second department was $40,000. Direct materials are added uniformly in the second process. Units are measured the same way in both departments. The second department (Polishing) had the following physical flow schedule for December: Units to account for:   Units,...

  • Unit Information with BWIP, Weighted Average Method Jackson Products produces a barbeque sauce using three departments:...

    Unit Information with BWIP, Weighted Average Method Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all materials are added at the beginning of the process. Output is measured in ounces. The production data for July are as follows: Production: Units in process, July 1, 70% complete* 10,800 Units completed and transferred out 88,000 Units in process, July 31, 80% complete* 15,900 * With respect to conversion costs. Required: 1. Prepare a...

  • Unit Information with BWIP, FIFO Method Jackson Products produces a barbeque sauce using three departments: Cooking,...

    Unit Information with BWIP, FIFO Method Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all materials are added at the beginning of the process. Output is measured in ounces. The production data for July are as follows: Production: Units in process, July 1, 70% complete* 10,700 Units completed and transferred out 82,000 Units in process, July 31, 80% complete* 15,100 * With respect to conversion costs. Prepare an equivalent units schedule...

  • Production Report, Weighted Average Mino Inc. manufactures chocolate syrup in three departments: Cooking, Mixing, and Bottling....

    Production Report, Weighted Average Mino Inc. manufactures chocolate syrup in three departments: Cooking, Mixing, and Bottling. Mino uses the weighted average method. The following are cost and production data for the cooking department for April (Note: Assume that units are measured in gallons.): Production: Units in process, April 1, 60% complete 21,500 49,000 Units completed and transferred out Units in process, April 30, 20% complete 10,500 Costs: WIP, April 1 $ 95,600 Costs added during April 287,650 Ranuired. Weighted Average...

  • Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking...

    Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all materials are added at the beginning of the process. Output is measured in ounces. The production data for July are as follows: Production: Units in process, July 1, 70% complete* 10,100 Units completed and transferred out 83,000 Units in process, July 31, 80% complete* 15,600 * With respect to conversion costs. Required: 1. Prepare a physical flow schedule for July. Jackson Products...

  • QUESTION 1 Equivalent Units, No Beginning Work in Process Frankle Manufacturing produces cylinders used in internal...

    QUESTION 1 Equivalent Units, No Beginning Work in Process Frankle Manufacturing produces cylinders used in internal combustion engines. During June, Frankle’s welding department had the following data: Units in BWIP — Units completed 47,000 Units in EWIP (40% complete) 5,600 Required: Calculate June's output for the welding department in equivalent units of production. units QUESTION 2 Unit Cost, Valuing Goods Transferred Out and EWIP During April, the grinding department of Tranx Inc. completed and transferred out 312,000 units. At the...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT