Question 13. please answer Tech Enterprise makes a single product in two departments. The...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Question 13. please answer
Tech Enterprise makes a single product in two departments. The production data for Department B for August 2019 follows: Quantities: 4,000 units 30,000 units In process, August 1 (40% complete) Received from Department A Completed and transferred In process, August 31 (60% complete) 25,000 units 6,000 units Production costs: August 31 Transferred in August 1 P48,900 P267,300 Materials 11,400 202,500 Conversion cost 5,820 243,000 Materials are added at the start of the process, and losses normally occur during the early stage of the operation. Compute the cost of ending work-in-process inventory using average cost method. Materials are added at the start of the process, and losses normally occur during the early stage of the operation. Compute the cost of ending work-in-process inventory using average cost method. O P150,600 P133,920 O P140,400 O P136.800
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!
