Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

Exercse 4-7_ gulf fisheries_ equivalent units

[ad_1]

EXERCSE 4-7 Equivalent Units – Weighted Average Method

 

Gulf Fisheries, Inc. Processes tuna for various distributors. Two departments are involved – Cleaning and Packing. Data relating to kilograms of tuna processed in the cleaning department during May are given below:

                                                                                                Kilograms of Tuna            Percentage completed

Work in process, May 1                                                 15,000                                   55%

Work in process, May 31                                               10,000                                   90%

A total of 240,000 kilograms of tuna were started into processing during May. All materials are added at the beginning of processing in the Cleaning Department.

Required:

 

Compute the equivalent units for May for the Cleaning Department, assuming that the company uses the weighted – average method of accounting for units. 

[ad_2]

Source link