Compute for equivalent units using average for for shiera co

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Reference no: EM132761415

For Shiera Corporation, materials are added at the start of the process in Department B. Units received from Department A costs P11.10 while in Department B, unit costs for materials and conversion costs were P1 and P1.22 respectively. The company's quantity data showed that WIP beg, which had a cost of P80,000, had 8,000 units and were ¾ done. During the period, Department A transferred 50,000 units to Department B. At the end of the period, WIP has 10,000 units which are 1/5 done and there were 3,000 lost units.

Problem a) Compute for the equivalent units using average.

Problem b) Compute for the equivalent units using FIFO.

Reference no: EM132761415

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