Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer and show your solution 438 43. For the month of March, Payaso Inc. registered the fo mation: 40,000 units 300,000 units 60,000 units ning

Answer and show your solution
image text in transcribed
438 43. For the month of March, Payaso Inc. registered the fo mation: 40,000 units 300,000 units 60,000 units ning workin process (70% complete) Started in March Ending work in process (80% complete) The cost of beginning work in process was P140,000 whil.e duction costs for the month registered at P1,172,000. Usin age method, what is the unit cost of production for March? ee. a. P4.00 b. P3.86 c. P3. d. P4.69 while the pro 91 44. Information for the month of May concerning Department A, the stage of Pinay Corporation's production cycle is as follows: Conversion MaterialsCosts Work-inapross begining P 4.000 P3,000 Current costs Total costs Equivalent units based on 20,000 16,000 P24,000 P19,000 weighted-average method 100,000 95,000 Average unit costs Goods completed Work-in process, end P.024 020 90,000 mia 90,000 units 10,000 units Material costs are added at the beginning of the process. The ending work-in-process is 50% complete as to conversion costs. How would the totai costs accounted for be distributed, using the weighted- average method? Goods Work-in Process, End Completed a. P39,600 b.P39,600 c. P43,000 d. P44,000 P3,400 P4,400 P 0 P3,400

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

English For Accounting And Auditing Students Book

Authors: Dejan Arsenovski

1st Edition

869212253X, 978-8692122538

More Books

Students also viewed these Accounting questions