Department K applies material costs at the start of the process which causes a 25% increase in the units received from the previous dept.

The production data for the month of September is as follows:

Units:

Work in process, Sept 1 (70%completed) 5,000 units

Received from Dept J before any increase 12,000 units

Completed and transferred to stockroom 15,000 units

Work in process Sept 30 (1/4 completed) 4,000 units

Lost units, considered normal are determined after final inspection.

Production cost:

Materials P11,250

Direct labor 5,400

Factory overhead 2,700

Total current cost is P19,350

The total cost received from dept J during the month carried a unit of P1.50 before any increase in units, and the cost of work in process units as at Sept 1 was P11,650.

Compute the following:

1. Units to be accounted

2. Equivalent units of materials

3. equivalent units of conversion cost

4. the unit cost of materials

5. unit cost of conversion cost

6. unit cost from department r

7. the unit cost of the adjustment for normally lost units

8. the total cost of finished and transferred

9. the total cost in process at the end

10.the total cost as accounted

11. the unit cost of transfer to the next department

Answer rating: 100% (QA)

1 Units to be accounted Work in process Sept 1 Received from Dept J before any increase Work in proc... View the full answer