bel_bel
2014-9-23 04:57 AM
本帖最后由 bel_bel 于 2014-9-23 03:24 PM 编辑
A company operates a process costing system using the first-in-first-out (FIFO) method of valuation.
No losses occur in the process. All materials are input at the commencement of the process.
Conversion costs are incurred evenly through the process.
The following data relate to last period:
Opening work in progress (2,000 units, Degree of completion=60%)
Total number of units completed (14,000 units)
Closing work in progress (3,000 units, Degree of completion=30%)
Costs arising:
Materials $51,000
Conversion $193,170
What was the value of the closing work in progress for last period?
A $21,330 B $21,690 C $22,530 D $22,890
答案是D
可是怎么算？
Total no. of input= 15,000 units
A company operates a process costing system using the first-in-first-out (FIFO) method of valuation.
No losses occur in the process. All materials are input at the commencement of the process.
Conversion costs are incurred evenly through the process.
The following data relate to last period:
Opening work in progress (2,000 units, Degree of completion=60%)
Total number of units completed (14,000 units)
Closing work in progress (3,000 units, Degree of completion=30%)
Costs arising:
Materials $51,000
Conversion $193,170
What was the value of the closing work in progress for last period?
A $21,330 B $21,690 C $22,530 D $22,890
答案是D
可是怎么算？
Total no. of input= 15,000 units
