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MommySab Enterprise makes super premium various kerereks in Banting that go through two main processing departments - Frying and Packaging. Below are the data of
MommySab Enterprise makes super premium various "kerereks" in Banting that go through two main processing departments - Frying and Packaging. Below are the data of the company to the operations of Frying Department for the month of June: Materials 100% Percentage Completed Conversion 75% Begin Work in process Started into production Completed and transferred out Ending Work in process Units 30,000 270,000 240,000 60,000 100% 25% Begin Work in process Cost added during June Materials RM37,800 RM502,200 Conversion RM37,200 RM358,050 The company uses first in first out (FIFO) method in its process costing system. Required: a) Calculate the following items for Frying Department for the month of June: i. Equivalent units of production for materials and conversion. ii. Costs per equivalent unit for materials and conversion. The company uses first in first out (FIFO) method in its process costing system. Required: a) Calculate the following items for Frying Department for the month of June: i. Equivalent units of production for materials and conversion. 11. Costs per equivalent unit for materials and conversion. (8 marks) (CLO2:PLO2:C3) b) Determine the Frying Department's cost of ending work in process inventory for materials, conversion, and in total for June. | (4 marks) (CLO2:PLO2:03) c) Determine the Frying Department's cost of units transferred out to the Packaging Department for materials, conversion, and in total for June. (9 marks) (CLO2:PLO2:C3) d) Prepare a cost of reconciliation report for the Frying Department. (4 marks) (CLO2:PLO2:C4)
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