Business Finance – timelynursingwriters.com
DPC and Weighted Average Method. -NO COURSE HERO – timelynursingwriters.com
I have been having some issues with tutors using course hero to get their answers and it turns out that the answers are wrong. I am not paying you to do that. If you can’t get the correct answers do not take the project. The website gives refunds for work that is done incorrectly and I will me reporting any tutor that waste my time AND money. I am not trying to be mean, but I have been very disappointed recently. I will be getting the work that you send me checked by a tutor.
I have attached what I have so far and notes from my tutor on the assignment. I can’t make this any easier for you.
PLEASE INCLUDE FORMULAS BECAUSE IT IS THE ONLY WAY TO TELL HOW YOU CAME UP WITH THE ANSWERS
Option #1: DPC and Weighted Average Method
DPC manufactures medical testing strips in a continuous process environment.
Direct materials are added at the beginning of the process. Conversion costs are added throughout the manufacturing process. The manufacturer has a computer-aided quality control step that
rejects 1.5% of the production for defects.
- Compute the numbers for normal and abnormal spoilage.
- Compute the equivalent units.
- Compute the cost per unit completed and transferred out of the process.
- Summarize the total costs to account for, compute the cost per equivalent units, and assign costs.
Follow the instructions on the Data tab of the worksheet. Show all calculations within the cells of the Excel spreadsheet. This means that you must use formulas and links so that your thought process can be examined. You must also include a detailed explanation of each journal entry that you make or do not make on each date to convey your thought process. There should be no hard coding of solutions.
Review the grading rubric to understand how you will be graded on this assignment. Reach out to your instructor if you have questions about the assignment.