In a period production and cost data were as follows. Total costs material 5115 Labour 3952 Overheads
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Question:
In a period production and cost data were as follows.
Total costs material
5115
Labour
3952
Overheads
3000
12067
Production was 1400 fully complete units and 200 partly units. The degree of completion of the 200 units W-1-P was as follows
Material
75% complete
Labour
60% complete
Overhead
50% complete
Required
Calculate total equivalent production cost per complete units and the value of W-1-P.
(6 marks)
Expert Answer:
To calculate the total equivalent production cost per complete unit and the value of the partially c... View the full answer
Related Book For 
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
