overhead are applied uniformly while materials are added at various stages throughout P8-2 Cingular Corporation has three processing departments, Alpha and Umega. Labor a the process. The following information was available for Omega: Quantity Transferred from Alpha Started during the month Finished and transferred to next department Ending work in process (60% complete) Cost incurred 1,800 ? 3,000 1,200 Materials Labor P22,000 13,200 8,800 P44,000 Overhead There are no beginning work in process inventory. Required: Calculate the equivalent production for each of the following independent cases: а. 100% of materials are added at the start of the process b. 100% of materials are added at the end of the process

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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P8-2 Cingular Corporation has three processing departments, Alpha and Omega. Labor and
overhead are applied uniformly while materials are added at various stages throughout
the process. The following information was available for Omega:
Quantity
Transferred from Alpha
Started during the month
Finished and transferred to next department
Ending work in process (60% complete)
Cost incurred
Materials
1,800
?
3,000
1,200
P22,000
13,200
8,800
Labor
Overhead
P44,000
There are no beginning work in process inventory.
Required: Calculate the equivalent production for each of the following independent
cases:
а.
100% of materials are added at the start of the process
b.
100% of materials are added at the end of the process
Transcribed Image Text:P8-2 Cingular Corporation has three processing departments, Alpha and Omega. Labor and overhead are applied uniformly while materials are added at various stages throughout the process. The following information was available for Omega: Quantity Transferred from Alpha Started during the month Finished and transferred to next department Ending work in process (60% complete) Cost incurred Materials 1,800 ? 3,000 1,200 P22,000 13,200 8,800 Labor Overhead P44,000 There are no beginning work in process inventory. Required: Calculate the equivalent production for each of the following independent cases: а. 100% of materials are added at the start of the process b. 100% of materials are added at the end of the process
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