1. PT XYZ Electronic manufactures electronic products. The company has two working processes SMT and Final Assembly. Inventory in January 31 2020 and February 2020 was as follows: Tabel-1 Beginning and ending Inventory February 2020 WIP SMT Description Beginning Inventory (31 January 2020) Ending Inventory (28 February 2020) Quantity %Progress Quantity %Progress Materials Units 30.000 15.000 Price 60.000.000 Unknown Finished In SMT SMT WIP floor 5.000 100% 2.000 100% 4.000 25% 2.000 50% Final Assembly In Final Finished Goods 4.000 100% 6.000 100% Assembly Floor 2.000 50% 2.000 50% In this period, the company bought materials 30.000 sets with price IDR 66.000.000, spend conversion cost for SMT process IDR 440.000.000 spend conversion cost for Final Assembly IDR 220.000.000. Calculate Cost of Goods Sold in this period!
1. PT XYZ Electronic manufactures electronic products. The company has two working processes SMT and Final Assembly. Inventory in January 31 2020 and February 2020 was as follows: Tabel-1 Beginning and ending Inventory February 2020 WIP SMT Description Beginning Inventory (31 January 2020) Ending Inventory (28 February 2020) Quantity %Progress Quantity %Progress Materials Units 30.000 15.000 Price 60.000.000 Unknown Finished In SMT SMT WIP floor 5.000 100% 2.000 100% 4.000 25% 2.000 50% Final Assembly In Final Finished Goods 4.000 100% 6.000 100% Assembly Floor 2.000 50% 2.000 50% In this period, the company bought materials 30.000 sets with price IDR 66.000.000, spend conversion cost for SMT process IDR 440.000.000 spend conversion cost for Final Assembly IDR 220.000.000. Calculate Cost of Goods Sold in this period!
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:1. PT XYZ Electronic manufactures electronic products. The company has two
working processes SMT and Final Assembly. Inventory in January 31 2020 and
February 2020 was as follows:
Tabel-1 Beginning and ending Inventory February 2020
WIP SMT
Description
Beginning Inventory
(31 January 2020)
Ending Inventory (28
February 2020)
Quantity
%Progress
Quantity
% Progress
Materials
Units
30.000
15.000
Price
60.000.000
Unknown
Finished
SMT WIP
5.000
100%
2.000
100%
In SMT
floor
4.000
25%
2.000
50%
Final Assembly
Finished
Goods
4.000
100%
6.000
100%
In Final
Assembly
Floor
2.000
50%
2.000
50%
In this period, the company bought materials 30.000 sets with price IDR
66.000.000, spend conversion cost for SMT process IDR 440.000.000 spend
conversion cost for Final Assembly IDR 220.000.000.
Calculate Cost of Goods Sold in this period!
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