Find number of units transferred out to finished goods


Karsen Company produces a pain medication that passes through two departments: Mixing and Tableting. Karsen uses the weighted average method. Data for November for Mixing is as follows: BWIP was zero; EWIP had 2,400 units, 50 percent complete; and 28,000 units were started.
Tableting's data for November is as follows: BWIP was 1,600units, 20 percent complete; and 800 units were in EWIP, 40 percentcomplete

1. For mixing, calculate thefollowing:

a. Number of units transferred to Tableting.
b. Equivalent units of production.

2. For Tableting, calculate the number of units transferred out to Finished Goods.

3. Suppose that the units in the mixing department are measured in ounces, while the units in tableting are measured in bottles of 100 tablets, with a total weight of eight ounces (excluding the bottle). Decide how you would treat units that are measured differently, and then repeat question 2 using this approach.

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Accounting Basics: Find number of units transferred out to finished goods
Reference No:- TGS0555743

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