JYD Company uses two departments to produce a detergent. It uses the weighted average process costing and
Question:
JYD Company uses two departments to produce a detergent. It uses the weighted average process costing and has just completed the production for the month of April. Relevant data for its two departments follow:
Mixing Department Finishing Department
Quantity
Work in process, beg 1,000 900
Stage of completion 50% 50%
Started in process 3,000 -0-
Transferred to next department 3,500 3,800
Work in process-End 500 600
Stage of completion 20% 50%
Cost data
In process beg
Cost from preceding dept - P1,130
Materials P800 1,800
Labor 1,200 3,200
Overhead 1,000 2,000
Current cost
Cost from preceding dept - P ?
Materials P2,800 5,580
Labor 4,200 5,000
Overhead 3,320 2,100
-The EUP in Mixing Department is:
-The cost of completed and transferred out units in the Mixing Department is:
-The cost of Work in process-End in the Mixing Department is:
-The EUP in Finishing Dept is:
-The cost of the Work-in process-End in the Finishing Dept is:
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott