JYD Company uses two departments to produce a detergent. It uses the weighted average process costing and has just completed the production for the month of April. Relevant data for its two departments follow: Mixing Department Finishing Department Quantity Work in process, beg 1,000 900 Stage of completion 50% 50% Started in process 3,000 -0- Transferred to next department 3,500 3,800 Work in process-End 500 600 Stage of completion 20% 50% Cost data In process beg Cost from preceding dept P1.130 Materials P800 1,800 Labor 1,200 3,200 Overhead 1,000 2,000 Current cost Cost from preceding dept P? Materials P2,800 5,580 Labor 4,200 5,000 Overhead 3,320 2,100
JYD Company uses two departments to produce a detergent. It uses the weighted average process costing and has just completed the production for the month of April. Relevant data for its two departments follow: Mixing Department Finishing Department Quantity Work in process, beg 1,000 900 Stage of completion 50% 50% Started in process 3,000 -0- Transferred to next department 3,500 3,800 Work in process-End 500 600 Stage of completion 20% 50% Cost data In process beg Cost from preceding dept P1.130 Materials P800 1,800 Labor 1,200 3,200 Overhead 1,000 2,000 Current cost Cost from preceding dept P? Materials P2,800 5,580 Labor 4,200 5,000 Overhead 3,320 2,100
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter6: Process Cost Accounting—additional Procedures; Accounting For Joint Products And By-products
Section: Chapter Questions
Problem 9E: A company manufactures a liquid product called Crystal. The basic ingredients are put into process...
Related questions
Question
a. The cost of Work in process beginning in Dept Y is?
b. The cost of Work in process -End in Dept Y is?
c. The EUP in Mixing Department is
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 6 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning