In department II of Koronadal Company, the processing of the liquid product takes 16 days. During...
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In department II of Koronadal Company, the processing of the liquid product takes 16 days. During the whole process, an evaporation loss of 12% occurs. For March, the following data were gathered from the records: In process, beginning Finished and transferred In process, ending The cost per units form department I in March is P 0.54. The cost of the units in process at the beginning of March is: P 4,563.22 Costs added in department II from March are: Materials Labor Overhead 4,202 gallons, six days processed in February 30,272 gallons 11,640, 4 days processed. Required: Compute the following: P 3,807.60 3,490.30 3,173.00 1. Equivalent units of production 2. Total cost of units completed and transferred to storeroom 3. Total cost of work in process at the end. In department II of Koronadal Company, the processing of the liquid product takes 16 days. During the whole process, an evaporation loss of 12% occurs. For March, the following data were gathered from the records: In process, beginning Finished and transferred In process, ending The cost per units form department I in March is P 0.54. The cost of the units in process at the beginning of March is: P 4,563.22 Costs added in department II from March are: Materials Labor Overhead 4,202 gallons, six days processed in February 30,272 gallons 11,640, 4 days processed. Required: Compute the following: P 3,807.60 3,490.30 3,173.00 1. Equivalent units of production 2. Total cost of units completed and transferred to storeroom 3. Total cost of work in process at the end.
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Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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