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Transferred-In Cost Powers Inc. produces a protein drink. The product is sold by the gallon. The company has two departments: Mixing and Bottling. For August,
Transferred-In Cost Powers Inc. produces a protein drink. The product is sold by the gallon. The company has two departments: Mixing and Bottling. For August, the bottling department had 53,800 gallons in beginning inventory (with transferred-in costs of $283,000) and completed 207,000 gallons during the month. Further, the mixing department completed and transferred out 269,000 gallons at a cost of $676,000 in August. Powers fici, produces a protein drink. The product is sola by the gallon. The company has two departments: Mixing and Bectiog. For August, the bottling department had 53,800 gallons in begioning ifventory (With transferred in costs of $283,000 ) and campleted 207,000 gallons furing the month. Further, the maxing department compieted and tranderred out 269,000 gallens at a cost of 4676,000 in August. Requered: 1. Prepare a physical now schedule for the bogting department. 2. Colculate equivalent units for the transfermed in category. equivalert into 3. Celculate the unit ceot for the traniferndan category if reaured, found your ansmer to the neares cent per unst
Transferred-In Cost
Powers Inc. produces a protein drink. The product is sold by the gallon. The company has two departments: Mixing and Bottling. For August, the bottling department had 53,800 gallons in beginning inventory (with transferred-in costs of $283,000) and completed 207,000 gallons during the month. Further, the mixing department completed and transferred out 269,000 gallons at a cost of $676,000 in August.
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