Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

anawer this now I will like your answer Question 22 2 pts BRIAN POGI Co. manufactured the following units: Saleable 10,000 units Unsaleable Normal Loss

anawer this now I will like your answer
image text in transcribed
image text in transcribed
image text in transcribed
Question 22 2 pts BRIAN POGI Co. manufactured the following units: Saleable 10,000 units Unsaleable Normal Loss 400 units Abnormal Loss 600 units Manufacturing costs totaled P198,000. What amount should the entity debit to finished goods? Question 23 2 pts Hampton Textile Co., manufactures a variety of fabrics. Materials are added as follows: 50% is added at the beginning of production, 35% is added when production is at 60%, and 15% is added when production is at 90%. Conversion cost is incurred evenly through manufacturing. The Weaving Department had 2,000 units of work in process in April 1 that were 40% complete as to conversion costs. During April, 9,000 units were completed and on April 30, 4,000 units remained in production. 20% incomplete with respect to conversion costs. What are the equivalent units of production for materials using weighted average? Question 30 2 pts Ivan Baggers Co. manufactures Berry Black iPhones that passes through two departments, D1 and D2. Materials are added in the D2 Department when conversion is at 50% completion. Conversion costs are incurred uniformly. The activity in units for the D2 department during June are as follows: WIP, June 1 (60% as to conversion) 10,000 Transferred in from D1 Department 64,000 5,000 Defective units at final inspection Transferred to finished goods inventory ? WIP, June 30 (40% complete as to conversion) 12,000 The normal limits on production losses is set at 5% of the units started during the period. Total cost of work in process as of June 1 are: materials-P60,000; conversion-P95,000. Cost of transferred in units from D1 department totaled P870,000. Total number of normal lost units is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Risk Management In Organizations An Integrated Case Study Approach

Authors: Margaret Woods

1st Edition

0415591732, 9780415591737

More Books

Students also viewed these Accounting questions

Question

What is the purpose of dual dating an audit report?

Answered: 1 week ago