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good day , kindly provide the answers with solutions preferrably in excell. thankyou . cost accounting c. 8. Dex Co. had the following production for
good day , kindly provide the answers with solutions preferrably in excell. thankyou . cost accounting
c. 8. Dex Co. had the following production for the month of June. Units Work-in-process at June 1.. 10,000 Started during June.... 40,000 Completed and transferred to finished goods during June. 33,000 Abnormal spollage incurred... 2,000 Work-in-process at June 30... 15,000 Materials are added at the beginning of the process. As to conversion cost, the beginning work-in-process was 70% completed and the ending work-in-process was 60% completed. Spollage is detected at the end of the process. The equivalent units for June, with respect to conversion costs, were as follows: FIFO Average FIFO Average 44,000 44,000 44,000 37,000 35,000 42,000 d. 37,000 44,000 9. Vreeland, Inc., which manufactures products X, Y, and Z from a joint process. Joint Product costs were P60,000. Additional information. Is Information is provided below. Sales If Processed Further Units Value at Sales Additional Product Produced Split-Off Values. Costs X 6,000 P 40,000 P 55,000 P 9,000 Y 4,000 35,000 45,000 7,000 z 2,000 25,000 30,000 5,000 Assuming that joint product costs are allocated using the physical measures (units produced) approach, what is the total costs of product X @ final sales value? a. P30,000 b. P37,000 c. P39,000 d. P32,200 a. b. 10. Using the same information in No. 9, and assuming that joint product costs are allocated using the relative sales value at split-off approach, what were the total costs allocated to product Y? b. P27,000 b. P28,000 c. P28,350 d. P32,200Step by Step Solution
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