MGMT_201_(Ganguly)_Lectures_7_and_8_Problem

MGMT_201_(Ganguly)_Lectures_7_and_8_Problem - Given C04-42:...

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Given C04-42: AGRITECH, INC. September 1 September 30 Work-in-Process Inventories Quantity (lbs.) Cost Quantity (lbs.) Mixing Department None 0 None Saturating Department 2,000 65,600* 3,000 *Includes Saturating Department conversion costs of $24,600 Saturating Department estimated % complete in Sept. 40% Costs of production for September: Materials Costs of Production Used Conversion Mixing Department $304,000 $95,000 Saturating Department 0 90,000 Mixing Department material weight 38,000 pounds Prepare weighted-average production reports for the month of September for both departments. Specifically: 1. Equivalent units of production (in lbs.) 2. Total Manufacturing Costs 3. Cost per equivalent unit (lbs) 4. Cost of ending WIP inventory 5. COG completed and transferred out
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Case 04-42 AGRITECH, INC. Production Reports: Mixing Department Weighted-Average Method Work-in-Pro Percentage of Mixing Depa Completion Equivalent Units Saturating D Physical with Respect Direct Units to Conversion Material Conversion
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MGMT_201_(Ganguly)_Lectures_7_and_8_Problem - Given C04-42:...

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