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Figure 4: Production process 3. Create a table sorting the overhead costs by production process. Odjig had gathered information from the production team about the
Figure 4: Production process 3. Create a table sorting the overhead costs by production process. Odjig had gathered information from the production team about the progress of the various workstations as seen in figure 5 . Odjig noted all raw materials involved in framing were introduced in the beginning of framing but the rest of the processes introduced materials at an even rate. 4a. Determine the number of equivalent units for each of three steps of the process. b. Determine the correct ending inventories of each process center and create an exhibit for the report to display this information. Figure 6 Sales data Odjig was eager to examine how sales had performed and to analyze future possibilities. To do so, she gathered the following sales information about the previous year as seen in figure six. Odjig noted they sold 500 canoes that year. 5a. Sort the expense list figure one between fixed and variable behaviour. b. Determine the variable cost per ft of canoe produced and what the variable cost of a standard 16ft canoe would be. c. Determine the weight average selling price of a canoe and the weighted average price per ft for canoe sales
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