i can provide reading material for this assignment. But again same i need more than 90% as i dont want to drop my GPA

1 answer below »
i can provide reading material for this assignment. But again same i need more than 90% as i dont want to drop my GPA
Answered Same DayApr 28, 2020ACC301Alphacrucis College

Answer To: i can provide reading material for this assignment. But again same i need more than 90% as i dont...

Aarti J answered on May 08 2020
152 Votes
Answer 1
        Big giner Ltd
        Cost of Production report - Chopping department
        For the month ended Janu
ary 2018
        Units    Physical units    Materials    Conversion
        Units to account for during production
        Work in process inventory, Jan 1    20000
        Started during period    200000
        Total account for    220000
        Units completed    210000    210000    210000
        Work in process, ending    10000    10000    8000
        Accounted for    220000    220000    218000
        Costs
        Work in process, beginning    73600    70000    3600
        Costs added during period    1510000    1470000    40000
        Total costs accounted for    1583600    1540000    43600
        Divided by equivalent units        220000    218000
        Equivalent unit costs    7.20    7.00    0.20
        Assignment of costs
        Costs transferred out            1512000
        WIP, ending
        Materials        70000
        Conversion costs        1600    71600
        Costs accounted for            1583600
answer 2
        Answer:
    a    Allocating joint costs using physical method
            Wrapper    Boxed    Figurines
        Qantity    1000000    1000000    600000
        Weight    38.46%    38.46%    23.08%
        Joint cost    1300000    1300000    1300000
        Joint cost...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here