Question

Basic FLows, Equivalent Units

Answer 1

Answer:

1.(a) Number of units transferred to Tableting, 384,000 ounces

(b) Equivalent units of production. Materials 420,000 , Conversion 402,000

2. For Tableting, the number of units transferred out to Finished Goods. 396,000 ounces

3. Units Transferred to Finished Goods 396000 ounces  = 49500 bottles or 4,950,000 tablets.

Explanation:

Thayn Company

Weighted Average Method

Mixing

First we calculate the number of units transferred out.

BWIP           zero;

Units Started 420,000

Total Units   420,000

The total units remain the same . They are obtained either by adding BWIP and units started  or by adding EWIP or units transferred.

EWIP  36,000 units,

Units Transferred 384,000

Total Units            420,000

Equivalent Units

Particulars       Units        % of Completion          Equivalent Units

                                              Mat. Conversion       Materials Conversion

Units Transferred  384,000      100        100         384,000    384,000

EWIP                   36,000            100         50           36000      18000

Equivalent Units                                                      420,000     402,000

Tableting

The total units remain the same . They are obtained either by adding BWIP and units started  or by adding EWIP or units transferred.

BWIP  24,000 units

Units Received 384,000

Total Units      408,000

EWIP    12000 units

Transferred To FG    396,000

Total Units                  408,000

3. CONCEPTUAL CONNECTION

Given

8 ounces = 100 Tablets contained in  1 bottle

408000 ounces = 408000/8  =  51000  bottles of 100 tablets each.

Total Tablets = 51000*100= 5100,000 tablets

Units Transferred to Finished Goods 396000 ounces  which is equal to 396000/8=  49500 bottles or 4,950,000 tablets.