Question 4 Nestle Sdn Bhd operated business by producing sardines in tin for sale in the...

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Question 4 Nestle Sdn Bhd operated business by producing sardines in tin for sale in the market. The company used process costing system. The production process will go through to the Processing Department and the Canning Department. The following data relevant to the company's operations in both departments for the year ending December 2021. Beginning WIP units Beginning WIP costs: Direct materials H. Conversion costs Transferred in costs Units started Units of Ending WIP Processing Department 1,200 units (100% raw materials, 40% conversion costs) RM 2,525 RM 2,760 7,700 700 units (100% raw materials, 80% conversion costs) Canning Department 1,700 units (100% raw materials, 70% conversion costs) RM 4,500 RM 4,500 RM 14,200 ? 300 units (100% raw materilas, 50% conversion costs) Current costs incurred: Direct materilas Conversion costs. RM 17,322 RM 44,106 RM 20,100 RM 34,900 REQUIRED: Prepare Production Costs Reports using the weighted average method for: (i) Processing Department. (Answer cost of unit completed RM62,156) (ii) Canning Department. (Answer cost of unit completed RM136,608) Question 4 Nestle Sdn Bhd operated business by producing sardines in tin for sale in the market. The company used process costing system. The production process will go through to the Processing Department and the Canning Department. The following data relevant to the company's operations in both departments for the year ending December 2021. Beginning WIP units Beginning WIP costs: Direct materials H. Conversion costs Transferred in costs Units started Units of Ending WIP Processing Department 1,200 units (100% raw materials, 40% conversion costs) RM 2,525 RM 2,760 7,700 700 units (100% raw materials, 80% conversion costs) Canning Department 1,700 units (100% raw materials, 70% conversion costs) RM 4,500 RM 4,500 RM 14,200 ? 300 units (100% raw materilas, 50% conversion costs) Current costs incurred: Direct materilas Conversion costs. RM 17,322 RM 44,106 RM 20,100 RM 34,900 REQUIRED: Prepare Production Costs Reports using the weighted average method for: (i) Processing Department. (Answer cost of unit completed RM62,156) (ii) Canning Department. (Answer cost of unit completed RM136,608)