JoyPetro Company refines a variety of petrochemical products. The following data are from the firm's Amarillo plant
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>JoyPetro</strong> <strong>Company</strong> <strong>refines</strong> a <strong>variety</strong><br />
<strong>of</strong> <strong>petrochemical</strong> <strong>products</strong>. <strong>The</strong><br />
<strong>following</strong> <strong>data</strong> <strong>are</strong> <strong>from</strong> <strong>the</strong> firm's<br />
<strong>Amarillo</strong> <strong>plant</strong><br />
BUY HERE⬊<br />
https://www.homeworkmade.com/joyp<br />
etro-company-<strong>refines</strong>-a-<strong>variety</strong>-<strong>of</strong><strong>petrochemical</strong>-<strong>products</strong>-<strong>the</strong>-<strong>following</strong><strong>data</strong>-<strong>are</strong>-<strong>from</strong>-<strong>the</strong>-firms-amarillo-<strong>plant</strong>/<br />
<strong>JoyPetro</strong> <strong>Company</strong> <strong>refines</strong> a <strong>variety</strong> <strong>of</strong> <strong>petrochemical</strong> <strong>products</strong>. <strong>The</strong> <strong>following</strong> <strong>data</strong> <strong>are</strong> <strong>from</strong> <strong>the</strong> firm's <strong>Amarillo</strong><br />
<strong>plant</strong>.<br />
Work in progress, July 1 - 1,900,000 liters<br />
Direct material - 100% Complete<br />
Conversion - 30% Complete<br />
Units started in process during July - 750,00 liters<br />
Work in process, July 31 - 250,000 liters<br />
Direct mail - 100% Complete<br />
Conversion - 70% Complete<br />
Required:<br />
Compute <strong>the</strong> equivalent units <strong>of</strong> direct material and conversion for <strong>the</strong> month <strong>of</strong> July. Use <strong>the</strong> weightedaverage<br />
method <strong>of</strong> process costing.
Change language