Mara uses a weighted-average process costing. It had the following data in August. Beginning inventory, 60% complete 10,000 units Units completed 50,000 units Units in ending inventory, 40% complete 5,000 units Cost of beginning inventory P105,000 Current period production costs P831,000 Compute for the cost transferred to finished goods
Mara uses a weighted-average process costing. It had the following data in August. Beginning inventory, 60% complete 10,000 units Units completed 50,000 units Units in ending inventory, 40% complete 5,000 units Cost of beginning inventory P105,000 Current period production costs P831,000 Compute for the cost transferred to finished goods
Chapter5: Process Costing
Section: Chapter Questions
Problem 9EA: Using the weighted-average method, compute the equivalent units of production if the beginning...
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Mara uses a weighted-average
Beginning inventory, 60% complete | 10,000 units |
Units completed | 50,000 units |
Units in ending inventory, 40% complete |
5,000 units |
Cost of beginning inventory | P105,000 |
Current period production costs | P831,000 |
Compute for the cost transferred to finished goods
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