The following information for Dept. B of Kitkat Company for the month of May Received from Dept. A Completed and transferred to Dept C Additional information 600,000 units 500,000 units a. Ending work in process is 75% complete b. May's production costs total P2,760,000 Dept B's unit cost of production for May 2019 is P 4.60 b, P 4.80 P 5.02 d. P 5.52 а. с.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

PLS SHOW SOLUTIONS

The following information for Dept. B of Kitkat Company for the month of May
Received from Dept. A
Completed and transferred to Dept C
Additional information
600,000 units
500,000 units
a. Ending work in process is 75% complete
b. May's production costs total P2,760,000
Dept B's unit cost of production for May 2019 is
a. P 4.60
b,) P 4.80
с. Р5.02
d. P 5.52
Transcribed Image Text:The following information for Dept. B of Kitkat Company for the month of May Received from Dept. A Completed and transferred to Dept C Additional information 600,000 units 500,000 units a. Ending work in process is 75% complete b. May's production costs total P2,760,000 Dept B's unit cost of production for May 2019 is a. P 4.60 b,) P 4.80 с. Р5.02 d. P 5.52
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education