Syarikat Maju Senang uses the weighted average method and produces a product that passes through...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Syarikat Maju Senang uses the weighted average method and produces a product that passes through 2 departments: blending and cooking. In the blending department, all materials are added at the beginning of the process. All other manufacturing inputs are added uniformly. The following information pertains to the blending department for December 2022:
Work in process, beginning:
45,400 kilogram (kg), 40% complete with respect to conversion costs, where:
RM
Work in process, ending:
22,700 kg, 60% complete with respect to conversion costs, where:
RM
Materials
20,000
Materials
210,000
Labour
10,000
Labour
100,000
Overhead
30,000
Overhead
270,000
Units completed and transferred out: 168,000 kg.
Required:
i. Prepare a schedule of equivalent unit.
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!
