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November 11, 2020

Calculate total units, how they started, and how they ended up for Assembly, using first the weighted average method, then the FIFO method.

Jergis and Daughters produces goods in three departments: Cutting, Assembly, and Packaging. This period, 4,000 units were transferred from Cutting to Assembly, and 4,500 were transferred from Assembly to Packaging. The Assembly department worked on a total of 5,000 units, 200 of which ended up spoiled. Normal spoilage in the Assembly department is 2% of good output. Calculate total units, how they started, and how they ended up for Assembly, using first the weighted average method, then the FIFO method.

Accounting

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