Question
13. GCE, Incorporated, manufactures quality hair care products. The ingredients are combined in the mixing department and put in 16-ounce containers in the packaging
13. GCE, Incorporated, manufactures quality hair care products. The ingredients are combined in the mixing department and put in 16-ounce containers in the packaging department. The following information pertains to the mixing department for the month of May Work in process, May 1 (100% complete materials, 75% labor and overhead) Started during May Work in process, May 31 (100% complete materials, Units (Gallons) 10,000 50,000 50% labor and overhead) 8,000 The costs in work in process at May 1 in the mixing department were as follows: Mixing Department Work in process, May 1: Materials Direct labor Manufacturing overhead Total costs P15,000 20,000 17,600 PS2,600 The costs added by the mixing department during the month of May were as follows: Materials Mixing Department P.90,000 Direct labor Manufacturing overhead Total costs added Round unit costs to two decimal places. Required: A. B. C. D. 120,000 100.000 P310.000 Prepare a physical flow schedule for the mixing department for May. Using the weighted average method, determine the equivalent units of production for materials and conversion for the mixing department for May Using the weighted average method, determine the cost per equivalent unit of production for materials and conversion for the mixing department for May. Using the weighted average method, determine the cost of goods transferred out and the cost of ending work in process for the mixing department.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started