The quantity schedule based on Department Y's production is as follows: Actual Work Done This Month Equivalent
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Question:
The quantity schedule based on Department Y's production is as follows:
Actual
Work Done This Month
Equivalent Production
In process, June 1
5,000
Received from Department X
20,000
Units to be accounted for
25,000
In process, June 1, finished and transferred
5,000
1/2
2,500
Received from Department X, finished and transferred
16,000
100%
16,000
In process, June 30
3,000
1/3
1,000
Normal Loss at the start
1,000
-
-
Units accounted for
25,000
19,500
The cost data are as follows:
In process, June 1
P25,210
Received from Dept. A
72,000
Factory cost, May:
Materials
39,000
Labor
19,500
Factory overhead
19,500
Per estimate, the spoiled units can be sold for P800.
What should be the unit cost for those transferred out during the month?
Expert Answer:
To determine the unit cost for the units transferred out during the month we need to calculate the t... View the full answer
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