Bacon Manufacturing Company Has Two Departments, Assembly and Finishing

question 52

Essay

Bacon Manufacturing Company has two departments, Assembly and Finishing. Consider the following data for the Finishing Department for April:
Required:
1) Compute the equivalent whole units for the Finishing Department.2) Compute the number of equivalent whole units for the department's ending inventory.3) At what state of completion (percentage) are the units in the department's ending inventory? (State your answer in a percentage and round it to one decimal place.)4) Compute the amount of cost that should be transferred out.5) Compute the cost that should be assigned to the department's ending inventory.

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Definitions:

Round

Having a shape or cross-section that is circular or nearly circular; often used to describe objects or shapes.

Close Objects

Objects that are situated near to one another in spatial terms.

Distant Objects

Objects that are far away from the observer, often requiring visual aids like telescopes to be seen clearly or understood.

Pupils

The black circular openings in the center of the iris of the eye, which regulate the amount of light that enters the eye.