Solution-Prepare cost of production report under each of

Prepare cost of production report under each of loss occurs

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Reference no: EM132560903

The TaeOh Mfg. Co. operates two consecutive producing departments, A & B. The following quantity data are on Department A's production in December:

In process, December 1 5,000 units, 1/5 done

Placed in process 50,000 units

In process, December 31 3,000 units, 2/3 done

Transferred out

Cost data: 49,500 units

Cost Last Month

CTM: Materials

Labor P 25,000

Overhead 315,000

Instruction:

Question 1: Using the average cost method, compute for equivalent units of production and prepare cost of production report under each of the following assumptions:

a. Loss occurs at the start

b. Loss occurs at the end

Reference no: EM132560903

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Prepare cost of production report under each of loss occurs

Reference no: EM132560903

Reference no: EM132560903

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