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Job costing

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Job costing

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 13, 2020 at 6:48 pm #599844
    AvatarGMukh
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    BPP exam kit – 9a.5:

    Why the value of CWIP at the end of the period for job BB15 is not included in the calculation?

    “Job number BB15 was completed on the last day of the period” – what is the effect of this statement in the calculation?

    Thank you.

    December 14, 2020 at 7:55 am #599876
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54837
    • ☆☆☆☆☆

    If it was completed then there was no work-in-progress at the end of the period. WIP is when something is not completed.

    December 14, 2020 at 8:23 am #599880
    AvatarGMukh
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Ok. Thank you so much.

    December 14, 2020 at 1:04 pm #599900
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54837
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Job costing’ is closed to new replies.

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