Determine the number of equivalent units of production in the June 30, finishing department inventory, assuming that the first-in, first-out method is used to cost inventories. The completion percentage of 25% applies to both direct materials and conversion costs.
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The following production data were taken from the records of the finishing department for June:
| Inventory in process, June 1, 25% completed | 260 units |
| Transferred to finished goods during June | 5,000 units |
| Equivalent units of production during June | 5,495 units |
Determine the number of equivalent units of production in the June 30, finishing department inventory, assuming that the first-in, first-out method is used to cost inventories. The completion percentage of 25% applies to both direct materials and conversion costs.
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- Complaints have come to the department manager regarding timeliness of requests for patient information and a decision must be made. Three months ago, Community Hospital opened a 24-hour urgent-care center 10 miles away in a rapidly growing community. Kent Jones, the health information services manager, took part in the planning that included the use of a combined record and one patient identification number. The decision was made to allow electronic sharing of patient records between the facilities; however, at present it is necessary to fax some portions of the record upon request. In the past month, Kent has received four complaints from the urgent care center that records were not faxed in a timely manner. There are 26 employees in health information services. Three full-time employees care for record activity during the day, with one employee devoted to record activity during the evening shift, when a team leader and four other employees are usually in the department. During the…Complaints have come to the department manager regarding timeliness of requests for patient information and a decision must be made. Three months ago, Community Hospital opened a 24-hour urgent-care center 10 miles away in a rapidly growing community. Kent Jones, the health information services manager, took part in the planning that included the use of a combined record and one patient identification number. The decision was made to allow electronic sharing of patient records between the facilities; however, at present it is necessary to fax some portions of the record upon request. In the past month, Kent has received four complaints from the urgent care center that records were not faxed in a timely manner. There are 26 employees in health information services. Three full-time employees care for record activity during the day, with one employee devoted to record activity during the evening shift, when a team leader and four other employees are usually in the department. During the…Two months ago Harry was asked to prepare cash budget with a very short notice. He did an excellent job and handled it before the due date. However his supervisor didn’t even notice that it was a very good job, he immediately assigned another hard job. The managers had treated Sue in the same manner last year. Now Sue has been asked to prepare a feasibility report for the new production facility that the firm was thinking of building. Although it is a hard job, Sue thinks that she will be able to prepare a very good report. However she is very unwilling to prepare it and although time is limited she hasn’t even started to prepare. Sue and Harry began to discuss their supervisors. They thought that their supervisor doesn’t care about their well-being, but he is ready whenever supervision is needed. He clarifies the tasks well, and helps the employees to solve problems related to the job but otherwise, he never interferes. On the other hand, the leader doesn’t let employees try new…