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Process EU

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Process EU

Viewing 2 posts - 1 through 2 (of 2 total)
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  • March 5, 2017 at 6:48 am #375638
    Yong
    Participant
    • Topics: 17
    • Replies: 15
    • ☆

    Hi Tutor

    1) 200 units of Opening WIP
    Additional of 1000 units added to the process.
    300 units of Closing WIP
    Materials is 100% completed.

    The total of unit is 1200 units (200+1000-300), which mean that the output of material is 900 units. Is this right?

    2) Opening is 200 units
    Closing is 100 units
    There is no additional material introduced.
    2000 units were passed to process 2.
    Materials is 100% completed.

    I dont understand why, fully work in process is 1800 units and the total of out is 2,100

    Kindly help to explain this further to me.

    Thank you.

    March 5, 2017 at 9:47 am #375673
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54478
    • ☆☆☆☆☆

    1. Yes – that is correct

    2. The 200 opening WIP will have been finished and be part of the 2,000 that left the process.
    So the other 1,800 will have been worked in full.

    I don’t know what you mean by “the total of out”

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