RC Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers.. For December 2021, RC Company presented the following costs on three processes: Costs incurred: Materials Direct Labor Overhead Materials are added at: Started/Transferred In Completed and transferred out In Process, end Process A 149,400 98,800 79,040 80% at the beginning, remaining 20% at 50% complete. 50,000 units 49,000 units 1,000 units 40% complete Process B 122,250 96,800 77,440 50% at beginning, 50% at 80% complete ? 47,500 units 1,000 units 70% complete, 500 units at 40% complete. Process C 100,000.00 92,400.00 73,920.00 40% at beginning, 30% at 50% complete, and remaining 30% at 80% complete. ? 45,000 units 1,500 units 60% complete; 1,000 units 30% complete
RC Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers.. For December 2021, RC Company presented the following costs on three processes: Costs incurred: Materials Direct Labor Overhead Materials are added at: Started/Transferred In Completed and transferred out In Process, end Process A 149,400 98,800 79,040 80% at the beginning, remaining 20% at 50% complete. 50,000 units 49,000 units 1,000 units 40% complete Process B 122,250 96,800 77,440 50% at beginning, 50% at 80% complete ? 47,500 units 1,000 units 70% complete, 500 units at 40% complete. Process C 100,000.00 92,400.00 73,920.00 40% at beginning, 30% at 50% complete, and remaining 30% at 80% complete. ? 45,000 units 1,500 units 60% complete; 1,000 units 30% complete
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter2: Accounting For Materials
Section: Chapter Questions
Problem 18E: For E2-17, prepare any journal entries that would have been different if the only trigger points had...
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What is the total costs transferred from Department B to Department C?
P619,890
P621,030
P614,680
P603,250
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