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Cost - Chapter 10

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0% found this document useful (0 votes)
30 views24 pages

Cost - Chapter 10

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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PROBLEM 10-1

AS OF JAN 31 DEPARTMENTS
Quantities ( 1) ( 2) ( 3)
Units started in process ( 10,000)
Beginning units in process - - -
Units received from preceding department - ( 4,000) ( 3,000)
Units transferred to next department ( 4,000) ( 3,000) ( 2,400)
Units transferred to finished goods -
Ending units in process ( 6,000) ( 1,000) ( 600)

AS OF FEB 28 (TEACHER'S ASSUMPTIONS)


Units started in process ( 5,000)
Beginning units in process ( 6,000) ( 1,000) ( 600)
Units received from preceding department - ( 8,000) ( 5,000)
Units transferred to next department ( 8,000) ( 5,000) ( 800)
Units transferred to finished goods -
Ending units in process ( 3,000) ( 4,000) ( 4,800)

2 ( 1,000.00) ( 500.00)
3 ( 1,000.00) ( 500.00)
4 ( 1,000.00) ( 750.00)
5 ( 1,000.00) ( 750.00)
( 2,500.00)
ENTS
( 4) ( 5)

- -
( 2,400) ( 2,100)
( 2,100)
( 1,600)
( 300) ( 500)

( 300) ( 500)
( 800) ( 900)
( 900) -
( 1,000)
( 200) ( 400)

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