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Author Question: Fish Fillet Incorporated obtains fish and then processes them into frozen fillets and then prepares ... (Read 693 times)

sammy

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on: Mar 6, 2021

Question 1

Excluding spoiled units in the equivalent-unit calculation results in ________.
◦ lower cost per good unit.
◦ higher cost per good unit
◦ better management information
◦ higher cost for spoiled units

Question 2

Fish Fillet Incorporated obtains fish and then processes them into frozen fillets and then prepares the frozen fish fillets for distribution to its retail sales department. Direct materials are added at the initiation of the cycle. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some fillets are spoiled due to undetectable defects. Inspection occurs when units are 45% converted. Spoiled fillets generally constitute 6% of the good fillets. Data for April 2017 are as follows:

WIP, beginning inventory 4/1/201793,000 fillets
 Direct materials (100% complete)
 Conversion costs (50% complete)
Started during April133,000 fillets
Completed and transferred out 4/31/2017183,000 fillets
WIP, ending inventory 4/31/201730,000 fillets
 Direct materials (100% complete)
 Conversion costs (25% complete)

Costs for April:
 WIP, beginning Inventory:
Direct materials$132,000
Conversion costs97,910
Direct materials added 309,000
Conversion costs added387,130

What is the number of total spoiled units?
◦ 32,000 units
◦ 74,420 units
◦ 7000 units
◦ 13,000 units
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by sammy on Mar 6, 2021

sultana.d

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Sylvia Wang

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Reply #2 on: Oct 13, 2021
Thanks a lot


Vibhore Yadav

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Reply #3 on: Jun 9, 2022
Thank You


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