The Polishing Department of Conversations, Inc had 15,000 units in process on June 1 and received 25,000 units from the Machining Department
During the month, it completed 32,000 units and transferred them to the Packaging Department. Prepare the production cost report for the Polishing Department for the whole units for the month of June. (Use the first-in, first-out method.)
What will be an ideal response
Conversations, Inc.
Production Cost Report—Polishing Department—
FIFO Method—Whole Units
Month Ended June 30
Whole Units
Units to account for:
Beginning WIP 15,000
Started in production 25,000
Total units to account for 40,000
Units accounted for:
Beginning WIP 15,000
Started and completed 17,000
Transferred to Packaging Department 32,000
Ending WIP 8,000
Total units accounted for 40,000
You might also like to view...
Pablo, an American who works for a U.S.-based company, has been sent to England for a work assignment. Pablo would be known as a(n)
A. repatriate. B. guest-country national. C. third-country national. D. expatriate. E. host-country national.
Many firms make an effort to identify smaller, better-defined target groups by using ________
A) user rates B) loyalty segmentation C) multiple segmentation bases D) positioning E) mass marketing
Trae, Jose, and Bill have been working as a group for a couple of months. However, they have successfully concluded the project they were working on and will now return to their normal duties. What stage of development have these members reached?
a. forming b. storming c. performing d. termination
Which of the following value chain activities involves recruiting and training managerial talent?
A) human resource management B) inbound logistics C) infrastructure D) technological development