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Good day dear , kindly provide the answers with solutions for all three items since they're all interconnected. thankyou For the month just ended, the
Good day dear , kindly provide the answers with solutions for all three items since they're all interconnected. thankyou
For the month just ended, the following data were generated by Alonzo Corporation. Physical units Units in process, beg. 4,000 gallons Materials, chemicals (? complete) Materials, cans (0% complete) Labor and Overhead (25% converted) Started in process 21,000 gallons Transferred to shipping 20,000 gallons In process, end Materials, chemicals (100% complete) Materials, cans (? complete) Labor and overhead (80% complete) Cost for the month Work in process, beg. Materials, chemicals Labor (P100 per hour) Overhead The month's cost added Materials, chemicals Materials, cans Labor Overhead P456,000 62,500 18,750 2,284,000 70,000 350,000 105,000 The company manufactures high quality paints. Production begins with the blending of the various chemicals, which are added at the beginning of the process and ends with the canning of the paint. Canning occurs when the mixture reaches the 90% stage of completion. The gallon cans are then transferred to the Shipping Department for crating and shipment. Direct labor and overhead are added continuously throughout the process. Overhead is allocated on the basis of direct labor hour at the rates of P30 per hour. _-46. Using the weighted average method, the cost per equivalent unit for direct materials, cans amounted to a. P3.50 b. P3.33 P2.80 d. P2.92 C. 17. Using the weighted average method, the cost of overhead in the work in process, end amounted to a. P20,625.00 b. P24,516.00 C. P23,125.70 d. P25,781.26 18. Using the weighted method, the cost per equivalent unit for direct materials, chemicals amounted to 2 P109.60 b. P 91.36 c. P108.76 d. P130.48Step by Step Solution
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