Comprehensive Problem; Second Production Department—Weighted-Average Method [LO2, LO3, LO4, LO5]
Bohemian Links Inc. produces sausages in three production departments—Mixing, Casing and
Curing, and Packaging. In the Mixing Department, meats are prepared and ground and then mixed with spices. The spiced meat mixture is then transferred to the Casing and Curing Department, where the mixture is force-fed into casings and then hung and cured in climate-controlled smoking chambers. In the Packaging Department, the cured sausages are sorted, packed, and labeled. The
company uses the weighted-average method in its process costing system. Data for April for the Casing and Curing Department follow:
Mixing cost represents the costs of the spiced meat mixture transferred in from the Mixing Depart- ment. The spiced meat mixture is processed in the Casing and Curing Department in batches; each unit in the above table is a batch, and one batch of spiced meat mixture produces a set amount of sausages that are passed on to the Packaging Department. During April, 60 batches (i.e., units) were completed and transferred to the Packaging Department.
1. Determine the equivalent units for April for mixing, materials, and conversion. Do not round off your computations.
2. Compute the costs per equivalent unit for April for mixing, materials, and conversion.
3. Determine the total cost of ending work in process inventory and the total cost of units trans- ferred to the Packaging Department in April.
4, Prepare a cost reconciliation report for the Casing and Curing Department for April.
What is the future value of $1,000 in 17 years assuming an interest rate of 7 percent compounded semiannually?Multiple Choice:$1,224.25$1,132.51$3,220.86$3,158.82$3,059.82Aug 15 2020
Twenty years ago, a business magazine published a story celebrating Mr Charnvit’s unusual expertise. For the first time he and the company became well known. AT THAT POIN...Nov 26 2019
Laissez-faire proponents contend that the government can serve a valuable role in encouraging firms to engage in research and development b...Dec 11 2019
Write an algorithm in pseudocode to calculate the average of the numbers stored in file.What type of operations does your algorithm do?How many of each of these operation...Apr 09 2020
Assume there is a constant per unit opportunity cost of Consumption (call it “Saving”). If an individual wants to maximize his net utility (minus opportunity cost), set u...Apr 10 2020
Case Study 2 The case study (How Personal Can Ethics Get? Page 562) will include a Synopsis and three Findings of Fact. Each Finding of Fact will require a justified reco...May 25 2018
Describe five of the criticisms union and management have toward arbitrators. >May 07 2020
Find the maximum deflection (max) And slope (0) at (x3 m) 10 KN Use: I 24x10 mm E=200 GPa y(6)-O B 3 m 3m Ryy R 10 KNMay 14 2020
Jack quit his job at Canadian Tire where he earned $28,000 a year. He cashed in $30,000 of corporate bonds that were paying him 10% annual interest. He used the proceeds ...Jun 01 2020
Derive a forecast of the spot rate in 2 years using today’s 2-year forward rate.1: Compute the forward premium/discount assuming IRP exists.Required inputs:- Annualized i...May 25 2018