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Problem 4-16 Comprehensive Problem-Weighted-Average Method [LO4-2, LO4-3, LO4-4, LO4-5] Builder Products, Inc., manufactures a caulking compound that goes through three processing stages prior to completion.
Problem 4-16 Comprehensive Problem-Weighted-Average Method [LO4-2, LO4-3, LO4-4, LO4-5]
Builder Products, Inc., manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: |
Production data: | ||
Pounds in process, May 1; materials 100% complete; conversion 90% complete | 86,000 | |
Pounds started into production during May | 510,000 | |
Pounds completed and transferred out | ? | |
Pounds in process, May 31: materials 70% complete; conversion 30% complete | 55,000 | |
Cost data: | ||
Work in process inventory, May 1: | ||
Materials cost | $ | 98,200 |
Conversion cost | $ | 62,600 |
Cost added during May: | ||
Materials cost | $ | 510,275 |
Conversion cost | $ | 344,375 |
how do I calculate the equivalant units of production for this problem? I cant seem to figure out how to line up the study answers to the questions im working on in class. is there a number for Chegg i can call? thank you
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