John Kenneth E.

Bentir BSA-IV September 30, 2020

Acctg 7: Midterm

Assignment No. 3

12. D

WAVE

Transferred 36,000 100% 36,000

WIP end 16,000 100% 16,000

Abnormal Spoilage 5,000 100% 5,000

EUP for the materials 57,000

13. D

Wave

Units completed 42,000 100% 42,000

WIP end 12,500 100% 12,500

EUP for materials 54,500

Cost of materials

WIP, beg 5,500

Started 18,000

Total cost 23,500

Cost
Unit cost =
EUP
= 23,500
54,500
= 0.43
14.

Units Completed 37,000 100% 37,000

WIP end 3,000 40% 1,200

EUP for CC 38,200

Cost
Unit cost for CC=
EUP
= 18,400
38,200
= 0.48

Cost
Unit cost for trans in=
EUP
= 20,400
38,200
= 0.53
15. B

Trans in MAT CC

Transferred 12,000 100% 12,000 100% 12,000

WIP end 8,000 100% 8,000 75% 6,000

EUP 20,000 20,000 18,000

WIP beg 12,000 2,500 1,000

Cost Added 29,000 5,500 5,000

Total cost 41,000 8,000 6,000

Cost
Unit cost trans in =
EUP
= 41,000
20,000
= 2.05

Cost 8,000
Unit cost MAT=
EUP
= 20,000 = 0.40

Cost 6,000
Unit cost =
EUP
= 18,000 = 0.33

Total unit cost 2.78

16.

17. MAT CC
 Transferred 744,000 100% 744,000 100% 744,000

WIP end 60,000 100% 60,000 40% 24,000

EUP 804,000 804,000 768,000

Cost

WIP beg in process cost 120,000

Add: Aprils Production 5,256,000

Total Cost 5,376,000

Cost
Unit cost MAT=
EUP
= 5,376,000
804,000
= 6.69

Cost
Unit cost CC=
EUP
= 5,376,00
768,000
= 7.00

18.

WIP beg 40,000

Add: Started 300,000

Total 340,000

Less: WIP end 60,000

Transferred 280,000

Transferred 280,000 100% 280,000 100% 280,000

WIP end 60,000 100% 60,000 80% 48,000

EUP 340,000 340,00 328,000

Cost
 WIP beg Process cost 140,000

Add: Production Cost 1,172,000

1,312,000

Cost
Unit cost MAT=
EUP
= 1,312,000
340,000
= 3.86

Cost
Unit cost CC=
EUP
= 1,312,000
328,000
= 4.00

19.

20. C

Transferred 110,000 100% 110,000

WP end 70,000 100% 70,000

EUP MAT 180,000

21.

22.