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Please complete 8 The plastic Flowerpots Company has two manufacturing departmen

ID: 2415273 • Letter: P

Question

Please complete 8

The plastic Flowerpots Company has two manufacturing departments, moldin and packaging At the beninning of the month, the molding department has 2,800 units in inventory 70% complete as to materials during the month the molding department started 22,000 units At the end of the month, the molding department had 4,200 units in ending inventory, 80% complete as to materials, Units completed in the molding department are transferred into the packaging department cost information for the molding department for the month follows

Explanation / Answer

Solution.

a.

B.

Particulars Detail Equivalent Unit As at 1 December 30% of2800                             840 Transferred in 22,000                       22,000 Units to be accounted for Total                       22,840 Transferred out Balance                       19,480 As at 31 December 80% of 4200                         3,360 Units accounted for 0                       22,840
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