Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. (c) dello chocolates sdn bhd manufactures cooking

(c) Dello Chocolates Sdn Bhd manufactures cooking chocolate bars that go through three processing stages...

90.2K

Verified Solution

Question

Accounting

image
(c) Dello Chocolates Sdn Bhd manufactures cooking chocolate bars that go through three processing stages prior to completion. The company uses the weighted-average method in its process costing system. Information on work in the first department, Cooking, is given below for January Work in process, January 1: Kilograms in process 10,000 Stage of completion with respect to materials 100% Stage of completion with respect to conversion...... 80% Costs in the work in process inventory, January 1: Materials cost RM1,500 Conversion cost RM7,200 Kilograms started into production during January........... 100,000 Kilograms completed and transferred out ? Costs added to production during the month: Materials cost. RM154,500 Conversion cost RM90,800 Work in process January 31: Kilograms in process 15,000 Stage of completion with respect to materials 60% Stage of completion with respect to conversion......... 20% Required: a) Prepare a schedule of equivalent unit. (4 marks) b) Compute the cost per equivalent unit (5 marks) C) Compute the costs of goods transferred out and the cost of ending work in process. (3 marks) (Total: 35 marks)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

3 If each orbital can hold a maximum of 3 electrons the number of elements...

Physics
Q

Chronic kidney disease is a gradual loss of kidney function. In this assignment, you will explore...

Medical Sciences
Q

A simple steam power cycle uses solar energy for the heat input. Water in the cycle...

Mechanical Engineering
Q

2 3 5 6 13 7 8 12 11 9 10

Biology
Q

Two parallel half plane are uniformly charged with surface charge density to and Find the...

Physics
Q

An engineering firm is hired to determine if certain waterways are safe for fishing. Samples...

Basic Math
Q

7 10 points Let the demand and supply function for a commodity be Qa D...

Calculus
Q

10 For which values in the domain is this graph decreasing Give your answer in...

Calculus
Q

Want to verify if my answers are correct? Criteria established by the AICPA...

Accounting
Q

Complete this question by entering your answers in the tabs below. Prepare a traditional income...

Accounting
Q

1. Vice president of manufacturing salary 2. Vice president for human Resources salary 3. Plant...

Accounting
Q

Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on...

Accounting