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Equivalent Units of Production: weighted average method
The Converting Department of Tender Soft Tissue Company uses the weighted average method and had 2,600 units in work in process that were 70% then answer for the beginning of the period. During the period, 32,800 units were completed and transferred to the Packing Department. There were 1,400 units in process that were 20% - then answer for the end of the period.
Question a. Determine the number of whole units to be accounted for and to be assigned costs for the period.
Question b. Determine the number of equivalent units of production for the period. Assume that direct materials are placed in process during production.
From the books of Aggarwal Bors, the following information have been extracted: Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% The firm is proposing to buy a new plant which can generate additio..
1.Refer to Arctic Cat's statement of cash flows in Appendix A. What are its cash flows from financing activities for the year ended March 31, 2011? List the items and amounts.
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