For Items 7- 10. The quantity schedule based on the production of Dept B of Sumigla Mfg Co. for May 2018 is as shown below: Actual In Process, May 1 10,000 | 3/5 done Received from Dept A 50,000 Units to be ACcounted For 60,000 Materials Conversion Costs EUP EUP In Process, May 1, Finished & Transferred Received, Finished and Transferred In Process, May 31 30,000 100% 100% 3/10 Units Accounted For The cost data are as follows: In Process, May 1 Received from preceding dept (Transferred in Cost) P88,000 P250,000 Page | 11 SAINT COLUMBAN COLLEGE Pagadian City Corner V. Cerilles - Sagun Streets, San Francisco District, Pagadian City Tel Nos: 2151799/ 2151800: Fax No: 2141290 Website: www.sccpag.edu.ph : E-mail:sccpac1957@yahoo.com Factory costs: Materials P252,000 P120,000 P80,000 Labor FOH Conversion costs were evenly applied throughout the process. Materials are added as follows: 50% at the start, 30% at the middle and the remainder at the end.
For Items 7- 10. The quantity schedule based on the production of Dept B of Sumigla Mfg Co. for May 2018 is as shown below: Actual In Process, May 1 10,000 | 3/5 done Received from Dept A 50,000 Units to be ACcounted For 60,000 Materials Conversion Costs EUP EUP In Process, May 1, Finished & Transferred Received, Finished and Transferred In Process, May 31 30,000 100% 100% 3/10 Units Accounted For The cost data are as follows: In Process, May 1 Received from preceding dept (Transferred in Cost) P88,000 P250,000 Page | 11 SAINT COLUMBAN COLLEGE Pagadian City Corner V. Cerilles - Sagun Streets, San Francisco District, Pagadian City Tel Nos: 2151799/ 2151800: Fax No: 2141290 Website: www.sccpag.edu.ph : E-mail:sccpac1957@yahoo.com Factory costs: Materials P252,000 P120,000 P80,000 Labor FOH Conversion costs were evenly applied throughout the process. Materials are added as follows: 50% at the start, 30% at the middle and the remainder at the end.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 6BE: The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus...
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Question
10. What is the unit cost of the transferred-out units?
a. P5.00
b. P11.00
c. P15.00
d. P16.00
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