onsider the following data. Department B of Ethel Manufacturing Corp. suffers an average of evaporation loss of 10%. The following data were obtained for the month of October, 2019: Units: In process, October 1 (2/5 completed) 9,600 gallons Received from Department A 30,000 gallons Finished and transferred 25,200 gallons In process, October 31 (1/4 complete) 11,700 gallons Costs: In process beginning P5,760 Received from Department A 30,000 Current costs Materials 19,440 Labor 7,290 Overhead 2,430 Under FIFO, how much is the unit cost?
Consider the following data. Department B of Ethel Manufacturing Corp. suffers an average of evaporation loss of 10%. The following data were obtained for the month of October, 2019:
Units:
In process, October 1 (2/5 completed) 9,600 gallons
Received from Department A 30,000 gallons
Finished and transferred 25,200 gallons
In process, October 31 (1/4 complete) 11,700 gallons
Costs:
In process beginning P5,760
Received from Department A 30,000
Current costs
Materials 19,440
Labor 7,290
Under FIFO, how much is the unit cost?
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