Ask Question
4 June, 03:16

Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information was obtained for the Fabrication Department for September: All materials are added at the beginning of the process. Beginning work in process had 80,000 units, 30 percent complete with respect to conversion costs. Ending work in process had 17,000 units, 25 percent complete with respect to conversion costs. Started in process, 95,000 units. Prepare a physical flow schedule.

+5
Answers (1)
  1. 4 June, 07:05
    0
    The preparation is shown below:

    Explanation:

    The preparation of the physical flow schedule is presented below:

    Beginning work in process units 80,000 units

    Units started in process 95,000 units

    Total units to account for 175,000 units

    Units accounted for:

    Units completed and transferred out:

    Started and completed 78,000 (95,000 units - 17,000 units)

    Beginning work in process 80,000

    Ending work in process units 17,000

    Total units accounted for 175,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information was obtained for ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers