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  • EGHFJYTUY

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    Tricia Mae
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    This document summarizes the status of materials in a production department for Case C. It shows that the department began with 10,000 units in process, received 30,000 additional units, completed 32,000 units, and had 6,000 units still in process at the end. It also notes there were 2,000 lost units and that materials are added to the process at 100% at the beginning.

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    FDHYJGF

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    This document summarizes the status of materials in a production department for Case C. It shows that the department began with 10,000 units in process, received 30,000 additional units, completed 32,000 units, and had 6,000 units still in process at the end. It also notes there were 2,000 lost units and that materials are added to the process at 100% at the beginning.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    5 views2 pages

    EGHFJYTUY

    Uploaded by

    Tricia Mae
    This document summarizes the status of materials in a production department for Case C. It shows that the department began with 10,000 units in process, received 30,000 additional units, completed 32,000 units, and had 6,000 units still in process at the end. It also notes there were 2,000 lost units and that materials are added to the process at 100% at the beginning.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Case C.

    In process, beginning (30% complete) 10,000 units

    Received from pending department 30,000 units

    Completed and transferred 32,000 units

    In process, end (40% complete) 6,000 units

    Lost units (normal-discovered at the beginning) 2,000 units

    **Materials in this department are added 100% at the beginning of the process.

    ANSWER:

    Case C.
    Weighted Average Method

    EUP
    Material Conversion
    Units s Cost
    WIP Beginning 10,000
    Receive from pending department 30,000
    Total units to account for 40,000
    Completed and Transferred 32,000 32,000 32,000
    WIP Ending 6,000 6,000 2,400
    Lost Units 2,000    
    Total units to accounted for 40,000 38,000 34,400

    FIFO Method

    EUP
    Material Conversion
    Units s Cost
    WIP Beginning 10,000
    Units started 30,000
    Total units to account for 40,000

    Beginning WIP already completed 10,000 7,000


    Started during period and completed 22,000 22,000 22,000
    Total units completed 32,000
    Ending WIP for next period processing 6,000 6,000 2,400
    Lost Units 2,000    
    Units accounted for 40,000 28,000 31,400

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