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Acer Corporation. has the following information for June (SEE PICTURE BELOW): All material is added at the start of the process and all finished products are transferred out. How many units were transferred out in June? * O Beginning Work in Process Inventory (70% complete as to conversion) Started 6,000 units 24,000 units Ending Work in Process Inventory (10% complete as to conversion) 8,500 units Beginning WIP Inventory Costs: Material P23,400 50,607 Conversion Current Period Costs: Material Conversion P31,500 76,956 O 15,500

Acer Corporation. has the following information for June (SEE PICTURE BELOW): All material is added at the start of the process and all finished products are transferred out. How many units were transferred out in June? * O Beginning Work in Process Inventory (70% complete as to conversion) Started 6,000 units 24,000 units Ending Work in Process Inventory (10% complete as to conversion) 8,500 units Beginning WIP Inventory Costs: Material P23,400 50,607 Conversion Current Period Costs: Material Conversion P31,500 76,956 O 15,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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QUESTION 58

Cost Accounting
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Acer Corporation. has the following information for June (SEE PICTURE BELOW): All material is added at the start of the process and all finished products are transferred out. How many units were transferred out in June? * O Beginning Work in Process Inventory (70% complete as to conversion) Started 6,000 units 24,000 units Ending Work in Process Inventory (10% complete as to conversion) 8,500 units Beginning WIP Inventory Costs: Material P23,400 50,607 Conversion Current Period Costs: Material P31,500 76,956 Conversion ) 15,500 O 18,000 O 21,500 O 24,000
Transcribed Image Text:Acer Corporation. has the following information for June (SEE PICTURE BELOW): All material is added at the start of the process and all finished products are transferred out. How many units were transferred out in June? * O Beginning Work in Process Inventory (70% complete as to conversion) Started 6,000 units 24,000 units Ending Work in Process Inventory (10% complete as to conversion) 8,500 units Beginning WIP Inventory Costs: Material P23,400 50,607 Conversion Current Period Costs: Material P31,500 76,956 Conversion ) 15,500 O 18,000 O 21,500 O 24,000
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