Homework Answers
| Equivalent Units | ||||||||
| Where do the Units Come from? | Where Do the Units Go? | %age in April | Direct Material | % Work April | Conversion Costs | |||
| Completed/Transferred | ||||||||
| Beginning Inventory | 4000 | Beginning Inventory | 4000 | 100% | 4000 | 60% | 2400 | |
| Started | 74000 | Started and Completed | 68000 | 100% | 68000 | 100% | 68000 | |
| Ending Inventory | 6000 | 100% | 6000 | 30% | 1800 | |||
| Total | 78000 | Total | 78000 | 78000 | 72200 | |||
| Thumbs up if my answer helped you, else feel free to ask query in comment section. Thanks! | ||||||||
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Equivalent Units calculations-FIFO Method The following selected operating data are for Jackson Company's Blending Department for...
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's...
Equivalent Units Calculations - Weighted Average Method The
following are selected operating data for Jackson Company's
Blending Department for April 2019. Tinting and packaging
operations are carried out subsequently in other
departments.
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. 22,000 units, 60% complete Beginning inventory Started and completed 374,000 units 33,000 units, 30% complete Ending...
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's...
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. Beginning inventory 12,000 units, 60% complete Started and completed 204,000 units Ending inventory 18,000 units, 30% complete Calculate the equivalent units completed using the weighted average method, assuming that the materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Jackson Company...
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's...
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. Beginning inventory 4,000 units, 60% complete Started and completed 68,000 units Ending inventory 6,000 units, 30% complete Calculate the equivalent units completed using the weighted average method, assuming that the materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Jackson Company...
Exercise 4-7B: Equivalent Units Calculations - FIFO Method The following selected operating data are for Jackson...
Exercise 4-7B: Equivalent Units Calculations - FIFO Method The following selected operating data are for Jackson Company's Blending Department for the month of November 2016. Painting and packaging operations are carried out subsequently in other departments. Beginning inventory 3,000 units, 70% complete Started and completed 60,000 units Ending inventory 5,000 units, 40% complete Calculate the equivalent units finished for the month of November using the FIFO method, assuming that the material is added at the beginning of the process and...
eBook Print Question 1 Not complete Marked out of 0.75 P Flag question Equivalent Units Calculations...
eBook Print Question 1 Not complete Marked out of 0.75 P Flag question Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. Beginning inventory 4,000 units, 60% complete Started and completed 68,000 units Ending inventory 6,000 units, 30% complete Calculate the equivalent units completed using the weighted average method, assuming that the materials are added at the...
2 3 The following data relate to the Blending Department of Tru-Colour Paint Company for a...
2 3 The following data relate to the Blending Department of Tru-Colour Paint Company for a recent month: 5 6 Conversion costs Number of Units percentage complete Beginning work in process Inventory 9,000 6096 Units started into production 45,000 Units completed and transferred out 16,000 Ending work in process inventory 3.000 25% All materials are added prior to the beginning of work in the Blending Department. Awuming that Tru-Colour Paint Company uses the FIFO method, what are the equivalent units...
Calculate Equivalent Units, Unit Costs, and Transferred Costs—FIFO Method Godfrey Manufacturing, Inc., operates a plant that...
Calculate Equivalent Units, Unit Costs, and Transferred Costs—FIFO Method Godfrey Manufacturing, Inc., operates a plant that produces its own regionally marketed Spicy Steak Sauce. The sauce is produced in two processes, blending and bottling. In the Blending Department, all materials are added at the start of the process, and labor and overhead are incurred evenly throughout the process. Godfrey uses the FIFO method. The following data from the Work in Process—Blending Department account for January 2016 is missing a few...
Calculate Equivalent Units, Unit Costs, and Transferred Costs-FIFO Method Godfrey Manufacturing, Inc., operates a plant that...
Calculate Equivalent Units, Unit Costs, and Transferred Costs-FIFO Method Godfrey Manufacturing, Inc., operates a plant that produces its own regionally marketed Spicy Steak Sauce. The sauce is produced in two processes, blending and bottling. In the Blending Department, all materials are added at the start of the process, and labor and overhead are incurred evenly throughout the process. Godfrey uses the FIFO method. The following data from the Work in Process-Blending Department account for January 2016 is missing a few...
Calculate Equivalent Units, Unit Costs, and Transferred Costs—FIFO Method Kipling Manufacturing, Inc., operates a plant that...
Calculate Equivalent Units, Unit Costs, and Transferred Costs—FIFO Method Kipling Manufacturing, Inc., operates a plant that produces its own regionally-marketed Super Salad Dressing. The dressing is produced in two processes, blending and bottling. In the Blending Department, all materials are added at the beginning of the process, and labor and overhead are incurred evenly throughout the process. Kipling uses the FIFO method. The Work in Process- Blending Department account for January 2016 follows: Work in Process - Blending Department January...
Calculate Equivalent Units, Unit Costs, and Transferred Costs--FIFO Method Kipling Manufacturing, Inc., operates a plant that...
Calculate Equivalent Units, Unit Costs, and Transferred Costs--FIFO Method Kipling Manufacturing, Inc., operates a plant that produces its own regionally marketed Super Salad Dressing The dressing is produced in two processes blending and bottling in the Blending Department all materials are added at the beginning of the process and labor and overhead are incurred evenly throughout the process, Kipling uses the FIFO method. The Work in Process --Blending Department account for January 2016 follows: Work in Process Blending Department January...
Equivalent Units Calculations - Weighted Average Method The
following are selected operating data for Jackson Company's
Blending Department for April 2019. Tinting and packaging
operations are carried out subsequently in other
departments.
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. 22,000 units, 60% complete Beginning inventory Started and completed 374,000 units 33,000 units, 30% complete Ending...
Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. Beginning inventory 12,000 units, 60% complete Started and completed 204,000 units Ending inventory 18,000 units, 30% complete Calculate the equivalent units completed using the weighted average method, assuming that the materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Jackson Company...
Exercise 4-7B: Equivalent Units Calculations - FIFO Method The following selected operating data are for Jackson Company's Blending Department for the month of November 2016. Painting and packaging operations are carried out subsequently in other departments. Beginning inventory 3,000 units, 70% complete Started and completed 60,000 units Ending inventory 5,000 units, 40% complete Calculate the equivalent units finished for the month of November using the FIFO method, assuming that the material is added at the beginning of the process and...
eBook Print Question 1 Not complete Marked out of 0.75 P Flag question Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for April 2019. Tinting and packaging operations are carried out subsequently in other departments. Beginning inventory 4,000 units, 60% complete Started and completed 68,000 units Ending inventory 6,000 units, 30% complete Calculate the equivalent units completed using the weighted average method, assuming that the materials are added at the...
2 3 The following data relate to the Blending Department of Tru-Colour Paint Company for a recent month: 5 6 Conversion costs Number of Units percentage complete Beginning work in process Inventory 9,000 6096 Units started into production 45,000 Units completed and transferred out 16,000 Ending work in process inventory 3.000 25% All materials are added prior to the beginning of work in the Blending Department. Awuming that Tru-Colour Paint Company uses the FIFO method, what are the equivalent units...
Calculate Equivalent Units, Unit Costs, and Transferred Costs-FIFO Method Godfrey Manufacturing, Inc., operates a plant that produces its own regionally marketed Spicy Steak Sauce. The sauce is produced in two processes, blending and bottling. In the Blending Department, all materials are added at the start of the process, and labor and overhead are incurred evenly throughout the process. Godfrey uses the FIFO method. The following data from the Work in Process-Blending Department account for January 2016 is missing a few...
Calculate Equivalent Units, Unit Costs, and Transferred Costs—FIFO Method Kipling Manufacturing, Inc., operates a plant that produces its own regionally-marketed Super Salad Dressing. The dressing is produced in two processes, blending and bottling. In the Blending Department, all materials are added at the beginning of the process, and labor and overhead are incurred evenly throughout the process. Kipling uses the FIFO method. The Work in Process- Blending Department account for January 2016 follows: Work in Process - Blending Department January...
Calculate Equivalent Units, Unit Costs, and Transferred Costs--FIFO Method Kipling Manufacturing, Inc., operates a plant that produces its own regionally marketed Super Salad Dressing The dressing is produced in two processes blending and bottling in the Blending Department all materials are added at the beginning of the process and labor and overhead are incurred evenly throughout the process, Kipling uses the FIFO method. The Work in Process --Blending Department account for January 2016 follows: Work in Process Blending Department January...
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