Four Seasons Company makes snow blowers. Materials are added at the beginning of the process and conversion costs are uniformly incurred. At the beginning of September, work in process is 40% complete and at the end of the month it is 60% complete. Other data for the month include: Beginning work-in-process inventory 1,600 units Units started Units placed in finished goods Conversion costs Cost of direct materials Beginning work-in-process costs: 2,000 units 3,200 units P200,000 P260,000

Four Seasons Company makes snow blowers. Materials are added at the beginning of the process and conversion costs are uniformly incurred. At the beginning of September, work in process is 40% complete and at the end of the month it is 60% complete. Other data for the month include: Beginning work-in-process inventory 1,600 units Units started Units placed in finished goods Conversion costs Cost of direct materials Beginning work-in-process costs: 2,000 units 3,200 units P200,000 P260,000

FINANCIAL ACCOUNTING

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ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.

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UPVOTE WILL BE GIVEN! INPUT THE COMPLETE SOLUTIONS. YOU MAY USE EXCEL. BOX THE FINAL ANSWERS. d. How much is the total cost for completed units? e. How much is the total cost to be accounted for?

Four Seasons Company makes snow blowers. Materials are added at the beginning of the process and
conversion costs are uniformly incurred. At the beginning of September, work in process is 40%
complete and at the end of the month it is 60% complete. Other data for the month include:
Beginning work-in-process inventory 1,600 units
Units started
Units placed in finished goods
Conversion costs
Cost of direct materials
Beginning work-in-process costs:
Materials
Conversion
2,000 units
3,200 units
P200,000
P260,000
P154,000
P 82,080
The company uses weighted average method.

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