Ibe Corporation has an EUP of 248,750 units. Beginning inventory units of 22,500, 40% incomplete; ending inventory units of 24,000 60% complete. Conversion costs of beginning inventory of P9,800; current period conversion costs of P204,125. The unit conversion cost using weighted average method is? Using FIFO method, the EUP of completed and transferred units is? Using FIFO method, the unit cost is: 0.82 0.86 0.70 NOTA
Ibe Corporation has an EUP of 248,750 units. Beginning inventory units of 22,500, 40% incomplete; ending inventory units of 24,000 60% complete. Conversion costs of beginning inventory of P9,800; current period conversion costs of P204,125. The unit conversion cost using weighted average method is? Using FIFO method, the EUP of completed and transferred units is? Using FIFO method, the unit cost is: 0.82 0.86 0.70 NOTA
Chapter5: Process Costing
Section: Chapter Questions
Problem 15EA: Production data show 35,920 units were transferred out of a stage of production and 6,150 units...
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Ibe Corporation has an EUP of 248,750 units. Beginning inventory units of 22,500, 40% incomplete; ending inventory units of 24,000 60% complete. Conversion costs of beginning inventory of P9,800; current period conversion costs of P204,125.
The unit conversion cost using weighted average method is?
Using FIFO method, the EUP of completed and transferred units is?
Using FIFO method, the unit cost is:
- 0.82
- 0.86
- 0.70
- NOTA
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