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NUBD Company manufadures a product in Departments A and B. Materials are added at the beginning ofthe process in Department B. NUBD uses the weighted-average method in its process costing system. Conversion costs for Department B were 50% complete with respect to the 6,000 units in the beginn ing work in process and 75% com plete with respect to the 8,000 units in the ending work in process. A total of 12,000 units were com pleted and transferred out of Department B during February. An analysis ofthe costs in Department B for February follows: Transferred Work in process, February 1. Costs added during February. In P12,000 P29,000 Materials Conversion P2,500 P5,500 P1,000 P5,000

NUBD Company manufadures a product in Departments A and B. Materials are added at the beginning ofthe process in Department B. NUBD uses the weighted-average method in its process costing system. Conversion costs for Department B were 50% complete with respect to the 6,000 units in the beginn ing work in process and 75% com plete with respect to the 8,000 units in the ending work in process. A total of 12,000 units were com pleted and transferred out of Department B during February. An analysis ofthe costs in Department B for February follows: Transferred Work in process, February 1. Costs added during February. In P12,000 P29,000 Materials Conversion P2,500 P5,500 P1,000 P5,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The total cost per equivalent unit during February was _____ (round-off to 2 decimal places)

NUBD Company manufadures a product in Departments A and B. Materials are added at the beginning of the process in Departm ent B. NUBD uses the weighted-average method in its process costing system. Conversion costs for Department B were 50% complete with respect to the 6,000 units in the beginning work in process and 75% com plete with respect to the 8,000 units in the ending work in process. A total of 12,000 units were com pleted and transferred out of Department B during February. An analysis ofthe costs in Department B for February follows: Transferred In P12,000 P29,000 Materials Conversion Work in process, February 1. Costs added during February. P2,500 P5,500 P1,000 P5,000
Transcribed Image Text:NUBD Company manufadures a product in Departments A and B. Materials are added at the beginning of the process in Departm ent B. NUBD uses the weighted-average method in its process costing system. Conversion costs for Department B were 50% complete with respect to the 6,000 units in the beginning work in process and 75% com plete with respect to the 8,000 units in the ending work in process. A total of 12,000 units were com pleted and transferred out of Department B during February. An analysis ofthe costs in Department B for February follows: Transferred In P12,000 P29,000 Materials Conversion Work in process, February 1. Costs added during February. P2,500 P5,500 P1,000 P5,000
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