Question
Weighted Average Method, Equivalent Units Bukavu Company produces a product where all manufacturing inputs are applied uniformly. Bukavu produced the following physical flow schedule for
Weighted Average Method, Equivalent Units
Bukavu Company produces a product where all manufacturing inputs are applied uniformly. Bukavu produced the following physical flow schedule for April:
| Line Item Description | Units |
|---|---|
| Units to account for: | |
| Units in BWIP (40% complete) | 230,000 |
| Units started | 620,000 |
| Total units to account for | 850,000 |
| Units accounted for: | |
| Units completed: | |
| From BWIP | 230,000 |
| Started and completed | 483,600 |
| Total | 713,600 |
| Units, EWIP (65% complete) | 136,400 |
| Total units accounted for | 850,000 |
Required:
Prepare a schedule of equivalent units using the weighted average method.
| Line Item Description | Units |
|---|---|
| Units completed | fill in the blank 1 of 3 |
| Units in ending work in process x fraction complete: | fill in the blank 2 of 3 |
| Equivalent units of output | fill in the blank 3 of 3 |
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IT Auditing Using A System Perspective Premier Reference Source
Authors: Robert Elliot Davis
1st Edition
1799855481, 978-1799855484
