Ka Louie Company manufactures virgin coconut oil which goes through two processing departments. Data for May 2014 are as follows:

MIXING DEPARTMENT

Liters transferred to Bottling Department = 75,000

Liters on hand at the end of month = 9,000 (Stage of Completion: Prior Department Costs=-------, Direct Materials=100% and Conversion Costs=60%)

Costs incurred during May:

Direct Materials = P18,480

Conversion Costs = P32,160

Beginning Work in Process Inventory:

Liters = 8,000 (costs: Prior Department Costs = ------, Direct Materials = P1,680, and Conversion Costs P4,020)

BOTTLING DEPARTMENT

Liters transferred to Finished Goods = 68,000

Liters on hand at the end of month = 15,000 (Stage of Completion: Prior Department Costs = 100%, Direct Materials=--------, and Conversion Costs = 100%)

Costs incurred during May:

Direct Materials = ---------

Conversion Costs = P25,900

Beginning Work in Process Inventory:

Liters = 8,000 (Costs: Prior Department Costs = P6,350, Direct Materials = ---------, and Conversion Costs = P2,220)

All materials are added at the start of the process in the Mixing Department.

How much are the"total costs to be accounted for" and "total costs accounted for" in the Bottling Department? May I ask how you arrived at the answer?

Answer rating: 100% (QA)

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