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What is the probability that a randomly selected person feels tense or stressed out at work or is female?LB Home Paint Company produces exterior latex
What is the probability that a randomly selected person feels tense or stressed out at work or is female?LB Home Paint Company produces exterior latex paint, which it sells in onegallon containers. The company has two processing departmentsBase Fab and
Finishing. White paint, which is used as a base for all the company's paints, is mixed from raw ingredients in the Base Fab Department. Pigments are then
added to the basic white paint, the pigmented paint is squirted under pressure into onegallon containers, and the containers are labeled and packed for
shipping in the Finishing Department.
Information relating to the company's operations for April follows:
Issued raw materials for use in production: Base Fab Department, $; and Finishing Department, $
Incurred direct labor costs: Base Fab Department, $; and Finishing Department, $
Applied manufacturing overhead cost: Base Fab Department, $; and Finishing Department, $
Transferred paint that had been prepared for shipping from the Finishing Department to Finished Goods, $
The following additional information is available regarding production in the Base Fab Department during April:
Production data:
Units gallons in process, April : materials complete;
Labor and overhead complete
Units gallons started in production during April
Units gallons completed and transferred to Finishing Department
Units gallons in process, April : materials complete;
Labor and overhead complete
Cost data:
Work in process inventory, April :
Materials
Labor
Overhead
Total cost of work in process inventory
Costs added during April:
$
$
$
$
$Required:
Determine the cost of ending work in process inventories and of units transferred out of the Base Fab Department in April using the weightedaverage
method.
Cost of units transferred out $
Cost of ending workinprocess inventory $
Determine the cost of ending work in process inventories and of units transferred out of the Base Fab Department in April using the FIFO method.
Cost of units transferred out $
Cost of ending workinprocess inventory
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