Acer Corporation. has the following information for June (SEE PICTURE BELOW): All material is added at the start of the process and all finished products are transferred out. How many units were transferred out in June? * O Beginning Work in Process Inventory (70% complete as to conversion) Started 6,000 units 24,000 units Ending Work in Process Inventory (10% complete as to conversion) 8,500 units Beginning WIP Inventory Costs: Material P23,400 50,607 Conversion Current Period Costs: Material Conversion P31,500 76,956 O 15,500
Acer Corporation. has the following information for June (SEE PICTURE BELOW): All material is added at the start of the process and all finished products are transferred out. How many units were transferred out in June? * O Beginning Work in Process Inventory (70% complete as to conversion) Started 6,000 units 24,000 units Ending Work in Process Inventory (10% complete as to conversion) 8,500 units Beginning WIP Inventory Costs: Material P23,400 50,607 Conversion Current Period Costs: Material Conversion P31,500 76,956 O 15,500
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter5: Process Cost Accounting—general Procedures
Section: Chapter Questions
Problem 16E: Chavez Concrete Inc. has two production departments. Blending had 1,000 units in process at the...
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