Pharma Company produces various medicines in capsule form. At the beginning of the month of March, it had 6,000 units that were 50% complete. These were assigned costs of $150,000.
a. Complete the remaining 50% of the units and assign additional costs.
b. Sell the 50% complete units as is and determine the revenue generated.
c. Determine the total cost of the 6,000 units and calculate the cost per unit.
d. Analye the production efficiency and decide on potential improvements for the next month.