The following data were available during the month of June of Pampaganda Co. 1. WIP, beginning 1,000
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Question:
The following data were available during the month of June of Pampaganda Co.
1. WIP, beginning 1,000 units with transferred in cost from prior department of P66,000
2. During the month 22,000 units costing 330,000 were transferred to the department from prior department
3. Due to addition of material at the start of the process , the number of units were increased by 10,000
4. 31,000 units were finished and transferred to finished goods
5. all units processed in this department are considered good units
Using Average method compute for equivalent units for transferred in cost from prior department
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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