For Items 7- 10. The quantity schedule based on the production of Dept B of Sumigla Mfg Co. for May 2018 is as shown below: Actual In Process, May 1 10,000 | 3/5 done Received from Dept A 50,000 Units...




10. What is the unit cost of the transferred-out units?
a. P5.00
b. P11.00
c. P15.00
d. P16.00


For Items 7- 10. The quantity schedule based on the production of Dept B of Sumigla Mfg Co. for May<br>2018 is as shown below:<br>Actual<br>In Process, May 1<br>10,000 | 3/5<br>done<br>Received from Dept A<br>50,000<br>Units to be Accounted For<br>60.000<br>Materials<br>Conversion Costs<br>EUP<br>EUP<br>In Process, May 1, Finished & Transferred<br>Received, Finished and Transferred<br>30,000<br>100%<br>100%<br>In Process, May 31<br>3/10<br>Units Accounted For<br>The cost data are as follows:<br>In Process, May 1<br>Received from preceding dept (Transferred in Cost)<br>P88,000<br>P250,000<br>Page | 11<br>SAINT COLUMBAN COLLEGE<br>CARITAS<br>Pagadian City<br>Corner V. Cerilles - Sagun Streets, San Francisco District, Pagadian City<br>Tel Nos: 2151799 / 2151800: Fax No: 2141290<br>COLUMBAN<br>Website: www.sccpag.edu.ph<br>E-mail:sccpac1957@yahoo.com<br>Factory costs:<br>Materials<br>P252,000<br>P120,000<br>P80,000<br>Labor<br>FOH<br>Conversion costs were evenly applied throughout the process. Materials are added as follows:<br>50% at the start, 30% at the middle and the remainder at the end.<br>

Extracted text: For Items 7- 10. The quantity schedule based on the production of Dept B of Sumigla Mfg Co. for May 2018 is as shown below: Actual In Process, May 1 10,000 | 3/5 done Received from Dept A 50,000 Units to be Accounted For 60.000 Materials Conversion Costs EUP EUP In Process, May 1, Finished & Transferred Received, Finished and Transferred 30,000 100% 100% In Process, May 31 3/10 Units Accounted For The cost data are as follows: In Process, May 1 Received from preceding dept (Transferred in Cost) P88,000 P250,000 Page | 11 SAINT COLUMBAN COLLEGE CARITAS Pagadian City Corner V. Cerilles - Sagun Streets, San Francisco District, Pagadian City Tel Nos: 2151799 / 2151800: Fax No: 2141290 COLUMBAN Website: www.sccpag.edu.ph E-mail:[email protected] Factory costs: Materials P252,000 P120,000 P80,000 Labor FOH Conversion costs were evenly applied throughout the process. Materials are added as follows: 50% at the start, 30% at the middle and the remainder at the end.

Jun 11, 2022
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