Hello I see here in answers many solutions but I need a new one without hand writing or photos > please > Axel Ltd. uses a
Posted: Mon Apr 25, 2022 7:36 am
Hello
I see here in answers many solutions but I need a new one without
hand writing or photos > please >
Axel Ltd. uses a process costing system for its sole
processing department. There were 24,000 units in beginning WIP
inventory for March and 216,000 units were started in March. The
beginning WIP units were 75% complete and the 19,500 units in
ending WIP were 60% complete. All materials are added at the start
of
processing.
(CH 6, 3 Marks)
Required:
a) Compute the no. of units started &
completed.
b) Compute the EUP for DM and CC using FIFO and WA
methods.
c) Calculate total manufacturing cost/EUP under both
methods, if the following details are
available:
FIFO
WA
Direct Material Cost
SAR 700,000
SAR 910,000
Conversion Cost
SAR 920,000
SAR 1,210,000
I see here in answers many solutions but I need a new one without
hand writing or photos > please >
Axel Ltd. uses a process costing system for its sole
processing department. There were 24,000 units in beginning WIP
inventory for March and 216,000 units were started in March. The
beginning WIP units were 75% complete and the 19,500 units in
ending WIP were 60% complete. All materials are added at the start
of
processing.
(CH 6, 3 Marks)
Required:
a) Compute the no. of units started &
completed.
b) Compute the EUP for DM and CC using FIFO and WA
methods.
c) Calculate total manufacturing cost/EUP under both
methods, if the following details are
available:
FIFO
WA
Direct Material Cost
SAR 700,000
SAR 910,000
Conversion Cost
SAR 920,000
SAR 1,210,000