WEBThe following data, in physical units, describe a grinding process for January: Inspection occurs at the completion stage. Normal spoilage is 5% of the good units passing inspection. ... Assume that the equivalentunit cost of a spoiled unit is 10. Compute the amount of potential savings if all spoilage were eliminated, assuming that all ...
WhatsApp: +86 18203695377WEBGrinding minutes per unit: Selling price per unit: : Variable selling cost per unit: .40 .80 Monthly demand in units: 3,200 3,200 2,200 2,400 The grinding machines are potentially the constraint in the production facility. A total of 52,900 minutes are available per month on these ...
WhatsApp: +86 18203695377WEBThese products have the following unit product costs: Additional data concerning these products are listed below. The grinding machines are the constraint in the production facility. A total of 53,600 minutes is available per month on these machines. Direct labor is a variable cost in this company.
WhatsApp: +86 18203695377WEBThe purpose of this datafile is to tabulate typical cost estimates for crushinggrinding processes, which consume 12% of all the energy in the world and 2050% of the energy in some mining processes. Our numbers are shown per ton of ore, so clearly lower ore grades translate into higher costs per unit of extracted material ().Energy economics.
WhatsApp: +86 18203695377WEBUnit Cost, Valuing Goods Transferred Out and EWIP During April, the grinding department of Tranx Inc. completed and transferred out 318,000 units. At the end of April, there were 159,000 units in process, 60% complete. Tranx incurred manufacturing costs totaling 2,480,400 Required 1. Calculate the unit cost. er unt 2.
WhatsApp: +86 18203695377WEBFind stepbystep Accounting solutions and your answer to the following textbook question: During April, the grinding department of Tranx Inc. completed and transferred out 315,000 units. At the end of April, there were 112,500 units in process, 60% complete. Tranx incurred manufacturing costs totaling 2,295,000. 1. Calculate the unit cost.
WhatsApp: +86 18203695377WEBQuestion: 12. (Algorithmic) Unit Cost, Valuing Goods Transferred Out and EWIP During April, the grinding department of Tranx Inc. completed and transferred out 320,000 units. At the end of April, there were 160,000 units in process, 60% complete. Tranx incurred manufacturing costs totaling 3,328,000. Required: 1.
WhatsApp: +86 18203695377WEBThese products have the following unit product costs: Additional data concerning these products are listed below. The grinding machines ore potentially the constraint in the production facility. A total of 50,400 minutes are availabie per month on these machines. Direct labor is a variable cost in
WhatsApp: +86 18203695377WEBApr 12, 2021 · Units transferred from Grinding Department = 20,000. Cost of units transferred = 40,000. Polishing Department's. Physical Flow Schedule for December: Units to account for: Units, beginning work in process 4,000 (40% complete) Units started 20,000 Total units to account for 24,000 Units accounted for:
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WhatsApp: +86 18203695377WEB18−20 Normal and abnormal spoilage in units. The following data, in physical units, describe a grinding Inspection occurs at the completion stage. Normal spoilage is 5% of the good units passing inspection. 1. Compute the normal and abnormal spoilage in units. Required 2. Assume that the equivalentunit cost of a spoiled unit is 8.
WhatsApp: +86 18203695377WEBThe cement grinding unit manufactured by our company merges drying, grinding, powder classifying, dust collecting and cement packing into a single. ... Belt conveyor is the conveying equipment with large capacity, low cost, simple structure, and convenient maintenance. The conveyor belt moves according to the friction transmission principle ...
WhatsApp: +86 18203695377WEBCompute the Grinding Department's costs per equivalent unit for materials and conversion. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total.
WhatsApp: +86 18203695377WEBCompute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for. May. There are 4 steps to solve this one. Step 1. Note 1:Calculation of Units completed and transferred. Units. Work in process, May 1. 60,000. Add: Started into production during the month.
WhatsApp: +86 18203695377WEBGrinding minutes per unit ; Selling price per unit ; Variable selling cost per unit ; Monthly demand in units 5,200 5,200 4,200 3,200; The grinding machines are potentially the constraint in the production facility. A total of 97,100 minutes are available per month on ...
WhatsApp: +86 18203695377WEBWeighted Average Method, Equivalent Units, Unit Cost, Multiple Departments Fordman Company has a product that passes through two processes: Grinding and Polishing. During December, the Grinding Department transferred 20,000 units to the Polishing Department. The cost of the units transferred into the second department was 40,000.
WhatsApp: +86 18203695377WEBVariable selling cost per unit 1. 6 0 0. 6 0 2. 7 0 Monthly demand in units 3, 4 0 0 3, 4 0 0 2, 4 0 0 2, 6 0 0 The grinding machines are potentially the constraint in the production facility.
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WhatsApp: +86 18203695377WEBTo compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May, we need to multiply the units completed during the month by the costs per equivalent unit calculated in step 2. For materials: Cost of units transferred out (materials) = Units completed x Cost per ...
WhatsApp: +86 18203695377WEBThe following data, in physical units, describe a grinding process for January: Work in Process, beginning 19,300. Started during current period 145,400 ... Assume that the equivalentunit cost of a spoiled unit is 8. Compute the amount of potential savings if all spoilage were eliminated, assuming that all other costs would be unaffected. ...
WhatsApp: +86 18203695377WEBCompute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total. Try focusing on one step at a time. You got this! Solutions are written by subject matter experts or AI models, including those trained on Chegg's content and qualitychecked by experts.
WhatsApp: +86 18203695377WEBThis grinding technology features low energy utilization, large power consumption, serious dust pollution, and relatively low quality of finished cement. Now it is quite backward a grinding technology, but its project cost is relatively low, so it is still used in economically underdeveloped areas. Ball Mill with Roller Press PreGrinding Unit
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WhatsApp: +86 18203695377WEBWeston Products manufactures an industrial cleaning compound that goes through three processing departments — Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T account for the Grinding Department for May is given below: . Work in Process — .
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WhatsApp: +86 18203695377WEBDuring April, the grinding department of Tranx Inc. completed and transferred out units. At the end of April, there were units in process, 60% complete. Tranx incurred manufacturing costs totaling 2,295,000. Required: 1. Calculate the unit cost. 2. Calculate the cost of goods transferred out and the cost of EWIP.
WhatsApp: +86 18203695377WEBDuring April, the grinding department of Tranx Inc. completed and transferred out 316,000 units. At the end of April, there were 158,000 units in process, 60% complete. Tranx incurred manufacturing costs totaling 1,643,200. Required: 1. Calculate the unit cost. . per unit. 2. Calculate the cost of goods transferred out and the cost of ending WIP.
WhatsApp: +86 18203695377WEBBruce Corporation makes four products in a single facility. These products have the following unit product costs: table [[, Products], [Direct materials,A, B, C, D ...
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WhatsApp: +86 18203695377WEBBacon Company makes four products in a single facility. These products have the following unit product costs: Additional data concerning these products are listed below. The grinding machines are the constraint in the production facility. A total of 54,700 minutes is available per month on these machines. Direct labor is a variable cost in this ...
WhatsApp: +86 18203695377WEBRequired: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in Moy. 2. Compute the Grinding Departments costs per equivalent unt for materials and conversion for May 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for Moy. 4.
WhatsApp: +86 18203695377WEBCompute the Grinding Department's equivalent units of production for materials and conversion in May. The May 1 work in process inventory consisted of 108,000 pounds with 155,520 in materials cost and 130,680 in conversion cost. The May 1 work in process inventory was complete with respect to materials and 30% complete with respect .
WhatsApp: +86 18203695377WEBQuestion: Exercise FIFO Method, Equivalent Units, Unit Cost, Multiple Departments Fordman Company has a product that passes through two processes: Grinding and Polishing. During December, the Grinding Department transferred 20,000 units to the Polishing Department. The cost of the units transferred into the second department was .
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