The following information is available for DVC Corporation for the current month: Started this month 120,000 Units
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Question:
The following information is available for DVC Corporation for the current month:
Started this month
120,000 Units
Beginning WIP (3/5 incomplete)
11,250Units
Total spoilage
3,000 Units
Abnormal spoilage
1,350 Units
Ending WIP (30% to be done)
? Units
Transferred out
108,750 Units
Beginning Work in Process Costs:
Material
P 15,600
Conversion
20,700
Current Costs:
Material
P 180,000
Conversion
525,915
All materials are added at the start of production and the inspection point is at the end of the process. Using the more accurate method representing the physical flow of units.
Questions:
- Total costs of units transferred-out is?
- The amount of work in-process, end is?
Expert Answer:
Lets break down the information provided Started this month 120000 Units Beginning WIP 11250 Units 3... View the full answer
Posted Date:
