BASIC FLOWS, EQUIVALENT UNITS Karsen Company produces a pain medication that passes through two departments: Mixing and
Question:
BASIC FLOWS, EQUIVALENT UNITS Karsen Company produces a pain medication that passes through two departments:
Mixing and Tableting. Karsen uses the weighted average method. Data for November for Mixing is as follows: BWIP was zero; EWIP had 2,400 units, 50 percent complete;
and 28,000 units were started.
Tableting’s data for November is as follows: BWIP was 1,600 units, 20 percent complete; and 800 units were in EWIP, 40 percent complete.
Required:
. For Mixing, calculate the following:
a. Number of units transferred to Tableting.
b. Equivalent units of production.
. For Tableting, calculate the number of units transferred out to Finished Goods.
. Suppose that the units in the mixing department are measured in ounces, while the units in Tableting are measured in bottles of 100 tablets, with a total weight of eight ounces (excluding the bottle). Decide how you would treat units that are measured differently, and then repeat Requirement 2 using this approach.
Problem
Step by Step Answer:
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen