Process B had no opening stock. 13500 units of raw material were transferred in at 4.50 per

Question:

Process B had no opening stock. 13500 units of raw material were transferred in at £4.50 per unit.

Additional material at £1.25 per unit was added in process. Labour and overheads were £6.25 per completed unit and £2.50 per unit incomplete.

If 11750 completed units were transferred out, what was the closing stock in process B? image text in transcribed

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost And Management Accounting An Introduction

ISBN: 9781861529053

5th Edition

Authors: Colin Drury

See More Books

Question Posted: Jun 28, 2024 01:11 AM

See More Questions

While performing the audit, the team identifies.Five errors related to the valuation or the disclosure of the items in the financial statements. What is the impact of the identified errors on the...
Process B had no opening stock. 13500 units of raw material were transferred in at 4.50 per unit. Additional material at 1.25 per unit was added in process. Labour and overheads were 6.25 per...
Intermediate Process B had no opening stock. 13 500 units of raw material were transferred in at 4.50 per unit. Additional material at 1.25 per unit was added in process. Labour and overheads were...
Can you provide an example of when you led a previous organization through a major operational change? Did you encounter any obstacles and how did you motivate and guide your team through these...
As a young and ambitious physician, Rebecca Stacie was constantly looking for ways to improve office efficiency. She had recently decided to work as a sole practitioner in her own medical clinic...
CompaniesareDunkinDonutsacquiringStarBucks Internal Management Report...
Three adult males in the 2029 age group are randomly selected. Their heights are 70 inches, 66 inches, and 68 inches. Use z-scores to determine which heights, if any, are unusual.
Andrews Inc., a greeting card company, had the following statements prepared as of December 31, 2010. Additional information: 1. Dividends in the amount of $6,000 were declared and paid during 2010....
Assume that three identical units of merchandise are purchased during October, as follows
A chemical process has a normal wastage of 10% of input. In a period, 2500 kgs of material were input and there was an abnormal loss of 75 kgs. What quantity of good production was achieved? Ave 2i7S...
In process costing, where losses have a positive scrap value, when an abnormal gain arises, the abnormal gain account is A. debited with the normal production cost of the abnormal gain units. B....
An iron nucleus has a radius of 5.4 10 15 m and a mass of 9.3 10 26 kg. (a) What is its mass per unit volume in kg/m 3 ? (b) If the earth had the same mass per unit volume, what would its radius...
1. Write short notes on Discrete Cosine Transform (DCT) 2. Describe Fast Fourier Transform 3. Write short notes on the Hotelling transform
1Explain Discrete Fourier Transform in detail. 2. Explain the Properties of 2D discrete Fourier Transform 3. Discuss Hadamard's transformation in detail
1. Specify the objective of image enhancement technique. 2. List the 2 categories of image enhancement. 3. What is the purpose of image averaging? 4. What is meant by masking? 5. Define histogram.
6. What is meant by histogram equalization? 7. Differentiate linear spatial filter and non-linear spatial filter. 8. Give the mask used for high boost filtering. 9. What is meant by a laplacian...
11. What do you mean by Point processing? 12. Define Derivative filter? 13. Define spatial filtering 14. What is a Median filter? 15. What is maximum filter and minimum filter? 16. Write the...
In what ways did the growth of cloud computing and competition from other server makers leader SGI to enter the mobile datacenter storage container market? SGI, or Silicon Graphics International, was...
I frequently use NY Times and CNN and am aware of Fox News but I never use it. I visit these sites, NY Times and CNN, a few times a week whenever I have to research something or see something on...
What insights or questions do you have about bank confirmations?
Required Calculate appraisal cost. Calculate internal failure cost. Calculate out - of - pocket external failure cost. Determine the opportunity cost associated with the external failures. What are...
The followings are the details of dividends declared by UCHI for year ending 3 1 December 2 0 2 2 : Date announced Type of dividend Dividend per share ( sen ) Ex - Dividend date Lodgment date Payment...

Process B had no opening stock. 13500 units of raw material were transferred in at 4.50 per

Question:

A B 77625.00 14437.50 C 141000.00 D 21000.00

Step by Step Answer:

Cost And Management Accounting An Introduction

Students also viewed these Business questions