The following details relate to the main process of Z Limited, a paint manufacturer:

Opening work in process 2400 litres _ fully complete as to materials and 30 per cent complete as to conversion Material input 58000 litres Normal loss is 5 per cent of input Output to next process 52500 litres Closing work in process 3000 litres fully complete as to materials and 50 per cent complete as to conversion All losses occur at the end of the process.
The numbers of equivalent units to be included in Z Limited’s calculation of the cost per equivalent unit, using a weighted average basis of valuation, are:

(2 marks)
CIMA Stage 2

Transcribed Image Text:

Materials Conversion A 53100 51600 B 55 500 54000 C 55500 53300 D 57500 56000 E 57 500 55300