UCO L3 GIEE Management Accounting Final Control 2nd session, June, 2020 - 3 hours Last NAME(upper case) and First NAME (lower case).... 1) PlasticGames has 2 processes: extrusion and thermo-assembly. Direct materials are added when the process in the thermo-assembly department is 80% complete Conversion costs are added evenly during the process. PlasticGames uses the weighted average process costing method Here are data available for one month of operations in the thermo-assembly department Opening work in progrew at cout Content of working Cost added in current period Cost pereses un of work done in me period Calculate the costs completed and transferred out and in closing work in progress cach cost element www 3 points) 1 UCO GIEE 13 - Management Accounting - Second session June 2020 1) PlasticGames has 2 processes: extrusion and thermo-assembly. Direct materials are added when the process in the thermo-assembly department is 80% complete. Conversion costs are added evenly during the process. PlasticGames uses the weighted average process-costing method. Here are data available for one month of operations in the thermo-assembly department: Transferred-in costs Direct materials Opening work in progress at cost Cost per equivalent unit of opening work in progress Cost added in current period 57.000 Cost per equivalent unit of work done in current period Calculate the costs completed and transferred out and in closing work in progress for each cost element (justify your answers). (3 points) 90 000 6,00 58 500 6,50 Conversion costs 45 000 5,00 57 200 5,20 3,00 UCO L3 GIEE Management Accounting Final Control 2nd session, June, 2020 - 3 hours Last NAME(upper case) and First NAME (lower case).... 1) PlasticGames has 2 processes: extrusion and thermo-assembly. Direct materials are added when the process in the thermo-assembly department is 80% complete Conversion costs are added evenly during the process. PlasticGames uses the weighted average process costing method Here are data available for one month of operations in the thermo-assembly department Opening work in progrew at cout Content of working Cost added in current period Cost pereses un of work done in me period Calculate the costs completed and transferred out and in closing work in progress cach cost element www 3 points) 1 UCO GIEE 13 - Management Accounting - Second session June 2020 1) PlasticGames has 2 processes: extrusion and thermo-assembly. Direct materials are added when the process in the thermo-assembly department is 80% complete. Conversion costs are added evenly during the process. PlasticGames uses the weighted average process-costing method. Here are data available for one month of operations in the thermo-assembly department: Transferred-in costs Direct materials Opening work in progress at cost Cost per equivalent unit of opening work in progress Cost added in current period 57.000 Cost per equivalent unit of work done in current period Calculate the costs completed and transferred out and in closing work in progress for each cost element (justify your answers). (3 points) 90 000 6,00 58 500 6,50 Conversion costs 45 000 5,00 57 200 5,20 3,00
