Solution-Compute the ending inventory if fifo method was

Compute the ending inventory if fifo method was used

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Reference no: EM132943463

Question - Queens uses weighted average process costing. The following data are available for the month:

Beginning inventory, 40% completed 5,000 units

Units completed 40,000 units

Ending inventory, 60% completed 6,000 units

Cost of beginning inventory P 10,000

Current period costs P 142,600

Required - Compute the ending inventory if FIFO method was used.

Reference no: EM132943463

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Compute the ending inventory if fifo method was used

Reference no: EM132943463

Reference no: EM132943463

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