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Peter Senen Manufacturing Company has just completed its production activities for February 2010. The production manager furnished you their data for this month Department Department
Peter Senen Manufacturing Company has just completed its production activities for February 2010. The production manager furnished you their data for this month Department Department Quantity units In process. February 1 16,000 10,000 Stape of completion 4/5 40K Started in process 64,000 Received from prior dept. 70,000 In process, February 28 12.000 Stage of completion 2/5 2/3 Costs dat 2 in process. February 1 P 21.020 P20.300 Current costs Material 28.350 15,300 46,800 25,200 Labor Manufacturing Overhead 9.180 14.400 in Department X material application is described to you as follows: 10% is applied at the start of the process 25when the process reaches the mid-point and the remainder, when the process reaches 85% completion Labor and Overhead are applied evenly throughout the process In Department, the application of material is described as follows: 20% when the process is '1/4 completed; 30% when the process is 1/2 completed and the balance, at the end of the process. Both departments out the FIFO method: The equivalent units of production for materials in Departments Peter Senen Manufacturing Company has just completed its production activities for February 2010. The production manager furnished you their data for this month Department Department Quantity units In process. February 1 16,000 10,000 Stape of completion 4/5 40K Started in process 64,000 Received from prior dept. 70,000 In process, February 28 12.000 Stage of completion 2/5 2/3 Costs dat 2 in process. February 1 P 21.020 P20.300 Current costs Material 28.350 15,300 46,800 25,200 Labor Manufacturing Overhead 9.180 14.400 in Department X material application is described to you as follows: 10% is applied at the start of the process 25when the process reaches the mid-point and the remainder, when the process reaches 85% completion Labor and Overhead are applied evenly throughout the process In Department, the application of material is described as follows: 20% when the process is '1/4 completed; 30% when the process is 1/2 completed and the balance, at the end of the process. Both departments out the FIFO method: The equivalent units of production for materials in Departments
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