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in a given period the production data and costs for a process were: production: 2100 units fully complete. 700 units partly complete. the degree of
in a given period the production data and costs for a process were:
production: 2100 units fully complete.
700 units partly complete.
the degree of completion of the partly complete units was:
material 80% complete
labour 60% complete
overheads 50% complete
the costs for the period were:
material P24 800
labour P16 750
overheads P36 200
REQUIRED:
a) calculate the total equivalent production units (9 marks)
b) calculate the cost per complete unit (6 marks)
c) determine the value of W-I-P (5 marks)
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