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The Salty Mfg. Co. operates three producing departments, A, B and C. It uses the weighted average costing method. The following data are on




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The Salty Mfg. Co. operates three producing departments, A, B and C. It uses the weighted average costing method. The following data are on the production of Department B for October, 2021: Added in Department B Transfer Materials Conversion Units In (In pesos) Cost (PhP) (in Pesos) In process, Oct. 1 5,000 9,990 1,020 998 Received from Department A 20,000 39,010 21,855 21,877 Total 25,000 Transferred out 19,000 Normal Loss 1,000 Abnormal loss In process, Oct. 31 500 4,500 Factory costs are applied evenly throughout the process. Beginning work in process was 20% done while ending work in process is % done. Abnormal loss occurred at the end of the process. What should be the accumulated cost of work in process as of October 31 if the normal loss occurred during the process (with adjustment for lost units based on the remaining good units? Added in Department B Materials Conversion Cost Units Transfer in In process, Oct. 1 5,000 P 9,990 P 1,020 Received from Dept. A 20,000 39,010 21,855 Total 25,000 Transferred out (19,000) Normal loss (1,000) Abnormal loss (500) In process, Oct. 31 4,500 P 998 21,877

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Lets break down the problem using the provided information and apply the weighted average costing method Step 1 Determine Equivalent Units of Production EUP The first step is to calculate the equivale... blur-text-image

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