The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 5 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Problem 4–14 Comprehensive Problem—Weighted-Average Method [LO2, LO3, LO4, LO5]
Honeybutter, Inc., manufactures a product that goes through two departments prior to completion the Mixing Department followed by the Packaging Department. The following information is available about work in the first department, the Mixing Department, during June.
| Â | Â | Â |
Physical |
Percent Completed |
|
|
Units to Account For: |
Units |
Materials |
Conversion |
||
|
BWIP |
 |
70,000 |
70% |
40% |
|
|
Units Started |
 |
460,000 |
 |  | |
|
Completed & T/O |
450,000 |
 |  | ||
|
EWIP |
 |
80,000 |
75% |
25% |
|
| Â | Â | Â | Â | Â | Â |
|
Costs to Account For: |
 |
Materials |
Conversion |
||
| Â |
BWIP |
 |  |
$36,550 |
$13,500 |
| Â |
Cost added during period |
391,850 |
287,300 |
||
Â
Required:
Assume that the company uses the weighted-average method.
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll