QUESTION 2

question 3

Northern Washington Lumber Company grows, harvests, and processes timber for use as building lumber. The following data pertain to the company's sawmill: During the year the company started 218,500 units in production. Required: 1. Prepare a physical flow schedule. 2. Compute the number of equivalent units of both direct materials and conversion for the year, using the weighted-average method. Complete this question by entering your answers in the tabs below. Prepare a physical flow schedule. Northern Washington Lumber Company grows, harvests, and processes timber for use as building lumber. The following data pertain to the company's sawmill: During the year the company started 218,500 units in production. Required: 1. Prepare a physical flow schedule. 2. Compute the number of equivalent units of both direct materials and conversion for the year, using the weighted-average method. Complete this question by entering your answers in the tabs below. Compute the number of equivalent units of both direct materials and conversion for the year, using the weighted-average method. Perrette Motor Company rebuilds automobile engines that have been damaged or are in need of extensive repair. The rebuilt engine has a 100,000-mile warranty and is purchased by auto shops, large motor pools in companies and governmental units, and some individual auto owners. The plant in Dayton, Ohio, specializes in the Ford V6 engine. Approximately 900 to 1,100 engines are rebuilt each month, and the costs of the plant are assigned to monthly production using weighted-average process costing. The current month began with a Work-in-Process Inventory of 300 engines, which were 50% complete for direct materials and 50% complete for conversion costs. The direct materials cost in beginning Work-in-Process was $122,000, while the conversion cost was $121,800. A total of 800 engines were completed and shipped out during the month, and total direct materials cost of $888.000 and conversion cost of $996,000 were incurred during the month. The ending Work-in-Process of 400 units was 50% complete for direct materials and 30% complete for conversion costs. Requlred: Compute the cost per equivalent unit for direct materials and conversion for the month. Matthews Produce harvests and sells Florida oranges. Matthews has hired you to determine its return on investment (ROI) based on both net book value (NBV) and gross book value (GBV). Financial data for the company show that profits are $2.38 million, the NBV of operating assets is $9.50 million, and the GBV of these assets is $29.69 million. What is ROI based on NBV and based on GBV