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Cornerstone Exercise 6.6 (Algorithmic)

Nonuniform InputsApeto Company produces premium chocolate candy bars. Conversion costs are added uniformly. For February, EWIP is 30 percent complete with respect to conversion costs. Materials are added at the beginning of the process. The following information is provided for February:

Physical flow schedule:   

Units to account for: 

Units in BWIP                                0       

Units started                                 70,000  

Total units to account for             70,000     

Units to account for:  

  Units completed:

 From BWIP                                  0              

Started and completed 48,000    48,000 

Units in EWIP                              22,000       

Total units accounted for            70,000 

Inputs