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2 views

Written assignment 3

Uploaded by

hawraabasma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Part 1: Full-Time Equivalent Students

To determine the number of full-time equivalent students at the university, we start with the total

number of students and their average course load.

Given:

 Total students: 500

 Average course load: 75% of a full load

We can calculate the full-time equivalent students as follows:

So,

[ 375 { full-time equivalent students} = 500 { students} \times 75% ]

Part 2: Equivalent Units in the Assembly Department

Next, we need to calculate the equivalent units for direct materials and direct labor in the

Assembly department based on the remaining units at the end of the year.

Given:

 Total units in Assembly department: 10,000

 Direct materials completion: 80%

 Direct labor completion: 40%

For Direct Materials:

To find the equivalent units for direct materials, we use the following formula:
[ \text{Direct materials equivalent units} = 10,000 \text{ physical units} \times 80% \

text{ complete} ]

Calculating this gives:

[ 8,000 ] { direct materials equivalent units} = 10,000 { physical units} \times 80% ]

For Direct Labor:

Next, we calculate the equivalent units for direct labor:

[ \text{Direct labor equivalent units} = 10,000 \text{ physical units} \times 40% \text{ complete}

Calculating this gives:

[4,000] { direct labor equivalent units} = 10,000 { physical units} \times 40% ]

Summary of Results

 Part 1: There are 375 full-time equivalent students in the university.

 Part 2:

 There are 8,000 direct materials equivalent units in the Assembly department.

 There are 4,000 direct labor equivalent units in the Assembly department.
[40] full-time
equivalent nurses =
[60] nurses x
[66.6667] of full time
Part 3: Full-Time Equivalent Nurses:

[40] full-time equivalent nurses = [60] nurses x [66.6667] of full time

Part 4: Equivalent Units in Quality Testing Department:

To calculate: Equivalent units = number of physical units x percentage of completion (Heisinger,

& Hoyle, 2012).

[4,500] direct material equivalent units = [6,000] physical units x [75]%

[1,200] direct labor equivalent units = [6,000] physical units x [20]%

References

Heisinger, K., & Hoyle, J. B. (2012). Managerial Accounting. Creative

Commons by-nc-sa 3.0. https://open.umn.edu/opentextbooks/textbooks/managerial-accounting

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