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Panda-meek Company has the following production data for the month of September 20x2. In process, beg. 6,000 9,000 Work to be done 1/3 Stage of
Panda-meek Company has the following production data for the month of September 20x2. In process, beg. 6,000 9,000 Work to be done 1/3 Stage of completion 1/3 Started in process 44,000 Transferred out 40,000 In process, ending ? 8,000 Stage of completion 60% Additional work to complete 12.5% Cost Analysis: Cost last month Cost from preceding department P8,910 Cost of this department: Materials P8,390 P4,464 Labor 3,315 1,998 Overhead 1,050 1,332 Cost added this month: Materials 19,800 34,799 Labor 14,200 27,470 Overhead 2,600 18,450
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