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required: Compute equivalent unit of production. Mixing Department Bottling Department Cost of production report. Mixing Department Bottling Department Ka Louie Company manufacturing virgin coconut oil

required:

  1. Compute equivalent unit of production.
  2. Mixing Department
  3. Bottling Department
  4. Cost of production report.
  5. Mixing Department
  6. Bottling Department

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Ka Louie Company manufacturing virgin coconut oil that goes through two processing departments. Data for May 2014 are as follows: Mixing Department Bottling Department Liters transferred to Bottling Department 75,000 Liters transferred to Finished goods 68,000 Liters on hand at end of month 9,000 15,000 Stage of Completion: Prior department costs 100% Direct Materials 100% Conversion costs 60% 100% Costs incurred during May: Direct Materials P18,480 Conversion Costs P32,160 P25,900 Beginning work-in-process inventory Liters 8,000 8,000 Costs: Prior department's costs P6,350 Direct Materials P1,680 Conversion Costs P4,020 P2.220 All materials are added at the start of the process in the Mixing Department

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