Solution-How much is charged to finished goods

How much is charged to finished goods

Reference no: EM133041509

Question - In the last process, it received 250,000 units at total cost of P1,750,000 from preceding process. 100% Materials are added at 50% stage of completion. 2,500 units were discovered lost during inspection at 90% stage of completion, of which 1,000 units were considered as normal. Materials and conversion added in this process were P250,000 and P190,000, respectively. At the end of the process, there were no in-process inventory. How much is charged to finished goods?

a. P2,176,973

b. P2,168,288

c. P2,190,000

d. P2,181,315

Reference no: EM133041509

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How much is charged to finished goods

Reference no: EM133041509

Reference no: EM133041509

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