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Question 2 (20 marks) In a given period the production data and costs for a process...

Question 2
In a given period the production data and costs for a process were:
Production: 2100 units fully complete.
700 units partly complete.
The degree of completion of the partly complete units was:
Material 80% complete
Labour 60% complete
Overheads 50% complete
The costs for the period were:
Material P24 800

Labour P16 750
Overheads P36 200
Required:
(a) Calculate the total equivalent production units
(b) Calculate the cost per complete unit
(c) Determine the value of W-I-P

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ekkarill92 answered 1 year ago
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