3.21 may%2020%20Process%20Costing%20extra%20egs

3.21 may%2020%20Process%20Costing%20extra%20egs - Process...

Info iconThis preview shows pages 1–8. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Process Costing Extra Problems
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
2 Problem 1: Equivalent Units Unit data from two departments follows: A B Beginning WIP 3 200 5 300 Percent complete 30% 40% Units started 17 000 from A Ending WIP 4 000 3 500 Percent complete 25% 55% Required: Compute the equivalent units of production for each department using the weighted average method
Background image of page 2
3 Problem 1: Solution Department A Units completed and transferred to Dept B Ending WIP Equivalent units
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
4 Problem 1: Solution Department B Units completed and transferred out Ending WIP Equivalent units
Background image of page 4
Problem 2: Multiple departments Benson Pharmaceuticals Process 2: Encapsulating Process 3: Bottling Process 1: Picking 1 litre of powder 30 bottles of 50 capsules 1 500 capsules
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
6 March data Picking Encap'g Beginning inventories : Physical units 10 litres 4 000 capsules Costs: Materials $252 $32 Transferred in $ $140 Labour (DL) $282 $20 Overhead (% of DL) 200% 150% Percentage complete: 40% 50%
Background image of page 6
7 Picking Encap'g Current production : Transferred out
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 8
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/23/2009 for the course BCOM ACIS 222 taught by Professor Neilcrombie during the Spring '09 term at Canterbury.

Page1 / 14

3.21 may%2020%20Process%20Costing%20extra%20egs - Process...

This preview shows document pages 1 - 8. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online