Solution-What are kwan equivalent costs per equivalent unit

What are kwan equivalent costs per equivalent unit

Reference no: EM132948906

Problem - Kwan Manufacturing Company uses a process costing system. All materials at Kwan are added at the beginning of the production process. For the month of October, equivalent units for materials were 40,000 under the weighted-average method and 36,000 under the FIFO method. Kwan's costs for October were as follows:

Cost in beginning work in process (October 1) P25,200

Cost added to production during October 262,800

Total cost P288,000

What are Kwan's equivalent costs per equivalent unit for October for materials under both process costing methods under WA and FIFO, respectively?

Reference no: EM132948906

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What are kwan equivalent costs per equivalent unit

Reference no: EM132948906

Reference no: EM132948906

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