GCE, Incorporated, manufactures quality hair care products. The ingredients are combined in the mixing department and...
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GCE, Incorporated, manufactures quality hair care products. The ingredients are combined in the mixing department and put in 16-ounce containers in the packaging department. The following information pertains to the mixing department for the month of May Units (Gallons) Work in process, May 1 (100% complete materials, 75% labor and overhead) Started during May Work in process, May 31 (100% complete materials, 50% labor and overhead) 10,000 50,000 8,000 The costs in work in process at May 1 in the mixing department were as follows: Mixing Department Work in process, May 1: Materials P15,000 Direct labor 20,000 Manufacturing overhead 17.600 Total costs PS2,600 The costs added by the mixing department during the month of May were as follows: Mixing Department P 90,000 Materials Direct labor Manufacturing overhead Total costs added Round unit costs to two decimal places. Required: A. B. C. D. 120,000 100.000 P310.000 Prepare a physical flow schedule for the mixing department for May. Using the weighted average method, determine the equivalent units of production for materials and conversion for the mixing department for May Using the weighted average method, determine the cost per equivalent unit of production for materials and conversion for the mixing department for May. Using the weighted average method, determine the cost of goods transferred out and the cost of ending work in process for the mixing department. GCE, Incorporated, manufactures quality hair care products. The ingredients are combined in the mixing department and put in 16-ounce containers in the packaging department. The following information pertains to the mixing department for the month of May Units (Gallons) Work in process, May 1 (100% complete materials, 75% labor and overhead) Started during May Work in process, May 31 (100% complete materials, 50% labor and overhead) 10,000 50,000 8,000 The costs in work in process at May 1 in the mixing department were as follows: Mixing Department Work in process, May 1: Materials P15,000 Direct labor 20,000 Manufacturing overhead 17.600 Total costs PS2,600 The costs added by the mixing department during the month of May were as follows: Mixing Department P 90,000 Materials Direct labor Manufacturing overhead Total costs added Round unit costs to two decimal places. Required: A. B. C. D. 120,000 100.000 P310.000 Prepare a physical flow schedule for the mixing department for May. Using the weighted average method, determine the equivalent units of production for materials and conversion for the mixing department for May Using the weighted average method, determine the cost per equivalent unit of production for materials and conversion for the mixing department for May. Using the weighted average method, determine the cost of goods transferred out and the cost of ending work in process for the mixing department.
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