Four Seasons Company makes snow blowers. Materials are added at the beginning of the process and conversion costs are uniformly incurred. At the beginning of September, work in process is 40% complete and at the end of the month it is 60% complete. Other data for the month include: Beginning work-in-process inventory 1,600 units Units started Units placed in finished goods Conversion costs Cost of direct materials Beginning work-in-process costs: 2,000 units 3,200 units P200,000 P260,000
Four Seasons Company makes snow blowers. Materials are added at the beginning of the process and conversion costs are uniformly incurred. At the beginning of September, work in process is 40% complete and at the end of the month it is 60% complete. Other data for the month include: Beginning work-in-process inventory 1,600 units Units started Units placed in finished goods Conversion costs Cost of direct materials Beginning work-in-process costs: 2,000 units 3,200 units P200,000 P260,000
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 3BE: The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inventory...
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d. How much is the total cost for completed units?
e. How much is the total cost to be accounted for?
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