Frozen Inc. adds materials at the beginning of the process in department USB. Conversion costs were 70% complete as to the 9,500 work-in-process units on September 1 and 40% incomplete as to the 7,000 work-in-process units on September 30. During September, 12,0 units were completed and transferred to the next department. An analysis of the cost relatin to work-in-process on September 1 and to production activity for September is as follows: Work-in-process, September 1 Materials P10,000 Conversion Costs P12,000 Costs incurred during September Materials P45,000 Conversion Costs P60,000 The total cost per equivalent unit for September under WAM is:
Frozen Inc. adds materials at the beginning of the process in department USB. Conversion costs were 70% complete as to the 9,500 work-in-process units on September 1 and 40% incomplete as to the 7,000 work-in-process units on September 30. During September, 12,0 units were completed and transferred to the next department. An analysis of the cost relatin to work-in-process on September 1 and to production activity for September is as follows: Work-in-process, September 1 Materials P10,000 Conversion Costs P12,000 Costs incurred during September Materials P45,000 Conversion Costs P60,000 The total cost per equivalent unit for September under WAM is:
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 27E: During the month of June, the mixing department produced and transferred out 3,500 units. Ending...
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The total cost per equivalent unit for September under WAM is:
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