Solution-Compute the equivalent production using fifo and

Compute the equivalent production using fifo and average

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Reference no: EM132697656

Problem 1: Compute the equivalent production using FIFO and Average

A. Work in process, beginning, 12,000 units - ¼ completed and 8,000 units 1/8 completed; started in process, 50,000 units; transferred and completed, 40,000 units; work in process end, 1/6 completed.

B. Work in process beginning: 10,000 units, 2/5 completed 10,000 units, 3/5 and 5,000 units, 2/5 completed. Placed into process: 40,000 units Finished and transferred: 45,000 units Work in process end: ½ is 4/5 completed and the balance is ½ completed.

C. Work in process beginning: 1/3 completed Started in process: 44,000 units Transferred: 30,000 units Work in process end: 20,000 units, 1/5 completed

D. Work in process beginning: 6,000 units, ½ completed 9,000 units, 1/3 completed Started in process: 30,000 units Completed and transferred: 20,000 units Work in process end: ¼ is 2/5 completed; ½ is 4/5 completed; balance 1/10 completed

E. Work in process beginning: 5/8 completed Started in process: 10,000 units Transferred out: 8,000 units Completed and on hand: 1,600 units Work in process, end: 16,400; 4/5 completed

Reference no: EM132697656

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Compute the equivalent production using fifo and average

Reference no: EM132697656

Reference no: EM132697656

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