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kindly indicate the computation estion 1 t yet swered JKL Corporation has the following information for August: Beginning Work in Process Inventory (70% complete as
kindly indicate the computation
estion 1 t yet swered JKL Corporation has the following information for August: Beginning Work in Process Inventory (70% complete as to conversion) 6,000 units Started 24,000 units arked out of 0 Ending Work in Process Inventory (10% complete as to conversion) Beginning WIP Inventory Costs: Flag 8.500 units estion Material Conversion P23.400 50,607 Current Period Costs: Material Conversion P31.500 76,956 All material is added at the start of the process and all finished products are transferred out. Assume that weighted average process costing is used. What is the cost per equivalent unit for material? Select one: a. P0.55 b. P1.05 c. P1.83 d. P1.31 estion 2 tyet swered In a process costing system using the weighted average method, cost per equivalent unit for a given cost component is found by dividing which of the following by EUP? rked out of 0 Flag estion Select one: a. current period cost plus the cost of ending inventory b. current period cost plus the cost of beginning inventory c. only current period cost O d. current period cost less the cost of beginning inventory estion 3 t yet swered XYZ Manufacturing Inc. adds material at the start of production. The following production information is available for September: Beginning Work in Process Inventory (45% complete as to conversion) 10,000 units arked out of 0 Flag estion Started this period 120,000 units Ending Work in Process Inventory (80% complete as to conversion) 8,200 units Beginning Work in Process Inventory Costs: Material P24,500 Conversion 68,905 Current Period Costs: Material P75,600 Conversion 130,053 What is the total cost to account for? Select one: a. P274,558 b. P93,405 c. P205,653 d. P299,058
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