The Salty Mgf. Co. operates three producing departments A, B and C. It uses the weighted average costi8ng method . The following data are on the production of Department B for October, 2021: Added in Department B Units Transfer in Materials Conversion (in Pesos) (in Pesos) Cost (PhP) In process, Oct. 1 5,000 9,990 1,020 998 Received from Department A 20,000 39,010 21,855 21,877 Total 25,000 Transferred out 19,000 Normal Loss 1,000 Abnormal Loss 500 In process, Oct. 31 4,500 Factory costs are applied evenly throughtout the process. Beginning work in process was 20 % done while ending work in process is 3/4 done. Abnormal Loss occured at the end of the process. What should be the accumulated cost of work in process as of October 31 if the normal loss occured during the process (with adjustment for loss units based on the remaining good units?
Problem 4 - Average with Lost Units
The Salty Mgf. Co. operates three producing departments A, B and C. It uses the weighted average costi8ng method . The following data are on the production of Department B for October, 2021:
Added in Department B
Units Transfer in Materials Conversion
(in Pesos) (in Pesos) Cost (PhP)
In process, Oct. 1 5,000 9,990 1,020 998
Received from Department A 20,000 39,010 21,855 21,877
Total 25,000
Transferred out 19,000
Normal Loss 1,000
Abnormal Loss 500
In process, Oct. 31 4,500
% done while ending work in process is 3/4 done. Abnormal Loss occured at the end of the process. What should be the accumulated cost of work in process as of October 31 if the normal loss occured during the process (with adjustment for loss units based on the remaining good units?
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