Department K applies material cost at the start of the process which causes 25% increase on the units received from previous dept.
The production data for the month of September is as follows:
Units:
Work in process, Sept 1 (70%completed) 5,000 units
Received from Dept J before any increase 12,000 units
Completed and transferred to stockroom 15,000 units
Work in process Sept 30 (1/4 completed) 4,000 units
Lost units, considered normal are determined after final inspection.
Production cost:
Materials P11,250
Direct labor 5,400
Factory overhead 2,700
Total current cost P19,350
The total cost received from dept J during the month carried a unit of P1.50 before any increase in units, and the cost of work in process units as at Sept 1 were P11,650.
Compute the following:
1. Units to be accounted
2. Equivalent units of materials
3. equivalent units of conversion cost
4. the unit cost of materials
5. unit cost of conversion cost
6.unit cost from department r
7. the unit cost of the adjustment for normal lost units
8. the total cost of finished and transferred
9. the total cost in process at the end
10.the total cost as accounted
11. the unit cost of transfer to the next department