Question

In: Accounting

The following are quantity schedule of Shelby.co (it uses Weighted Average process costing) for October 2020:...

The following are quantity schedule of Shelby.co (it uses Weighted Average process costing) for October 2020: units in the beginning of work in process = 250 units; units added = 1,250 units; units transferred/finished = 900 units; units in the end of work in process (50% finished) = 500 units; and units loss during production because of internal failure (100% finished) = ???. In the beginning of process Kara has = Rp.1,000,000 of cost and it added = Rp.6,500,000 into the process. Calculate the additional cost charged to Factory Overhead control because of the previous internal failure assuming that the defective product can still be sold for Rp.1,500 perunit?

Solutions

Expert Solution

Units Loss during the production due to internal faliure is 100 units.

Addtional Cost charged to because of Abnomal loss is Rp 450000.

please refer the workings below:-

ekkarill92 answered 1 year ago
Next > < Previous

Related Solutions

Richards Corporation uses the weighted-average method of process costing. The following information is available for October...
Richards Corporation uses the weighted-average method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 97,000 units, 70% complete as to materials and 25% complete as to conversion. Units started and completed: 284,000. Units completed and transferred out: 381,000. Ending Inventory: 38,500 units, 40% complete as to materials and 10% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $37,200. Costs in beginning Work in Process -...
Richards Corporation uses the weighted-average method of process costing. The following information is available for October...
Richards Corporation uses the weighted-average method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 80,000 units, 60% complete as to materials and 20% complete as to conversion. Units started and completed: 250,000. Units completed and transferred out: 330,000. Ending Inventory: 30,000 units, 40% complete as to materials and 10% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $37,200. Costs in beginning Work in Process -...
Fabian Company uses process costing and the weighted average method. The following information was available for...
Fabian Company uses process costing and the weighted average method. The following information was available for April: units Costs Work in Process, April 1 481 $ 6,500 Work in Process, April 30 375 (A) During April, 930 units were started, and costs incurred during the month were $51,000. Ending inventory was 50% complete. Based on the information given, (A) above would equal what amount? (Do not round your intermediate calculations. Round your final answer to the nearest dollar.)
The Davidson Company uses a weighted average process costing system. The following information was reported for...
The Davidson Company uses a weighted average process costing system. The following information was reported for the Assembly Process for January. Materials are added at the beginning of the process and are 100%. Units: units % complete for conversions work in process, 1/1 60,000 15% started 105,000 work in process, 1/31 40,000 20% Costs: Materials Conversion beginning work in process $ 16,500 $ 33,250 current costs $643,500 $332,500 What is the cost assigned to the units completed and transferred to...
Adam Company uses the weighted-average method in its process costing system. The following information for the...
Adam Company uses the weighted-average method in its process costing system. The following information for the Assembly Department was obtained from the accounting records for September (all materials are added at the beginning of the process): Number of Units Labour and overhead percentage complete Work in process inventory, Sept. 1 60,000 15% Transferred in the during the month 105,000 Work in process inventory, Sept. 30 40,000 20% Transferred In Materials Labour and overhead Beginning work-in-process inventory $30,000 $16,000 Cost added...
Sparky Corporation uses the weighted-average method of process costing. The following information is available for February...
Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units: Beginning Inventory: 46,000 units, 100% complete as to materials and 60% complete as to conversion. Units started and completed: 150,000. Units completed and transferred out: 196,000. Ending Inventory: 40,000 units, 100% complete as to materials and 25% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $63,000. Costs in beginning Work in Process -...
Andrews Corporation uses the weighted-average method of process costing. The following information is available for February...
Andrews Corporation uses the weighted-average method of process costing. The following information is available for February in its Polishing Department: Equivalent units of production—direct materials 102,000 EUP Equivalent units of production—conversion 88,000 EUP Costs in beginning Work in Process—direct materials $ 54,800 Costs in beginning Work in Process—conversion $ 40,300 Costs incurred in February—direct materials $ 463,500 Costs incurred in February—conversion $ 582,200 The cost per equivalent unit of production for direct materials is: part b During November, the production...
Sparky Corporation uses the weighted-average method of process costing. The following information is available for February...
Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units: Beginning Inventory: 46,000 units, 100% complete as to materials and 60% complete as to conversion. Units started and completed: 150,000. Units completed and transferred out: 196,000. Ending Inventory: 40,000 units, 100% complete as to materials and 25% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $63,000. Costs in beginning Work in Process -...
Fever Corporation uses the weighted average method of process costing. The company has the following information...
Fever Corporation uses the weighted average method of process costing. The company has the following information for the period: Beginning Work in Process: 2000 units 100% complete for materials, 75% complete for conversion costs Units started during the period: 10,000 Ending work in process: 4,000 units 75% complete for materials, 50% complete for conversion costs Costs for the period: Beginning work in process: Materials: $1,100 Conversion Costs: $2,000 Costs added during the period: Materials: $11,000 Conversion Costs: $30,000    A)...
Nexto Inc. uses the weighted average method of process costing. The company has the following information...
Nexto Inc. uses the weighted average method of process costing. The company has the following information for the period: Beginning Work in Process: 2000 units 100% complete for materials, 75% complete for conversion costs Units started during the period: 10,000 Ending work in process: 4,000 units 75% complete for materials, 50% complete for conversion costs Costs for the period: Beginning work in process: Materials: $1,100 Conversion Costs: $2,000 Costs added during the period: Materials: $14,300 Conversion Costs: $13,000    A)...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT