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Can anyone please help me with this production report question please

Forums › ACCA Forums › ACCA MA Management Accounting Forums › Can anyone please help me with this production report question please

  • This topic has 0 replies, 1 voice, and was last updated 13 years ago by monotonous.
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  • April 20, 2012 at 11:23 pm #52297
    monotonous
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    • Topics: 1
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    Hello everyone, my final exam is next week and I really need to know how to do this question, can anyone please help me with this one, I would be so grateful!!!

    So there are three department are Injection, Forming and Assembly, you were asked to prepare a cost production report the company
    Units Dollars
    Work in process, beginning inventory 12000
    Transferred in Costs (from Injection) $7000
    Material $6500
    Conversion Costs $16500

    Transferred to Assembly 80000

    Work in process, ending inventory 9000
    Transferred in Costs $80000
    Materials (60% complete) $30000
    Conversion (40% complete) $98000

    I can get the Equivalent Unit but had a real hard time do the rest, can anyone please tell me? Thank you so much!

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