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Process Costing:

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Process Costing:

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarJohn Moffat.
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  • November 11, 2017 at 10:11 am #415234
    Avatarasmaalhemairi
    Participant
    • Topics: 30
    • Replies: 22
    • ☆☆

    the following information is available for a production process for the last period :
    materials input 200kg at $4 per kg
    labour input 100 hours at $15 per hour
    Department overhead $1000
    Transfer to finished goods 150 kg
    Normal loss is 10% of input. Losses are identified when the process is 50% complete.
    There is no opening or closing Work in progress.

    what is the total cost of completed units?

    A. $22
    B. $20.48
    C. $19.59
    D.$18.33

    November 11, 2017 at 10:19 am #415236
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    Please do not simply set test questions and expect an answer.

    You must have an answer in the same book in which you found the question. Ask about whatever it is in the answer that you are not clear about and then I will help you.

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