Karsen company produces a pain medication that passes

Assignment Help Accounting Basics
Reference no: EM13482597

Karsen Company produces a pain medication that passes through two departments: Mixing and Tableting. Karsen uses the weighted average method. Data for November for Mixing is as follows: BWIP was zero; EWIP had 2,400 units, 50 percent complete; and 28,000 units were started.
Tableting's data for November is as follows: BWIP was 1,600units, 20 percent complete; and 800 units were in EWIP, 40 percentcomplete

1. For mixing, calculate thefollowing:

a. Number of units transferred to Tableting.
b. Equivalent units of production.

2. For Tableting, calculate the number of units transferred out to Finished Goods.

3. Suppose that the units in the mixing department are measured in ounces, while the units in tableting are measured in bottles of 100 tablets, with a total weight of eight ounces (excluding the bottle). Decide how you would treat units that are measured differently, and then repeat question 2 using this approach.

Reference no: EM13482597

Questions Cloud

Lewis industries adopted a defined benefit pension plan on : lewis industries adopted a defined benefit pension plan on january 1 2013. by making the provisions of the plan
During january 19000 units were completed and transferred : during january 19000 units were completed and transferred. at january 31st 6500 units remained in work in process that
The bootsie holding company has sales exceeding 10 billion : the bootsie holding company has sales exceeding 10 billion and each of its three wholly-owned subsidiaries has sales
Nemani corporation is projecting a cash balance of 41785 in : nemani corporation is projecting a cash balance of 41785 in its december 31 2013 balance sheet. nemani schedule of
Karsen company produces a pain medication that passes : karsen company produces a pain medication that passes through two departments mixing and tableting. karsen uses the
Pfab portugal football association board is recognized as a : pfab portugal football association board is recognized as a non-profit organization. the main objective of association
Assume the following the real risk-free rate r is expected : assume the following the real risk-free rate r is expected to remain constant at 3. inflation is expected to be 3 next
Started in process 9200 units completed and on hand : started in process 9200 units completed and on hand 700units in process at end of period 1000 units complete as
If the first payment into the fund occurs today what : sally medavoy will invest 7470 a year for 20 years in a fund that will earn 10 annual interest. if the first payment

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd