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Problem 4 An rernrds of The Beautiful Company: One half of the materials are added at tne vegrum......... Ilance when the units are one-half completed. Required: Calculate the following: 1. Equivalent production for materials and conversion cost. 2. Cost of the units completed and transferred. 3. Cost of the units in process at the end of the month. Problem 5 ABM Company uses two departments to produce a product. The following data were taken from the books for the month of January, 2022. Department 1 - all materials added at the beginning of the process. Department 250% of the materials are added at the beginning of the process, remaining 50% added at the end of the process. Required: Cost of production report. Chapter 9 Process Costing 283 PROBLEMS problem 1 compute the equivalcent production. for the month for each of the follin......... ns: Problem 2 The Casper Corporation recorded costs for the month of P15,750 for materials, P 40,950 for labor, and P 25,200 for overhead. There was no beginning work in process inventory, : 9,000 units were completed and transferred and 2,000 were in process at the end of the period, 3/4 completed. Required: 1. Compute the equivalent production for the month. 2. Compute the month's unit cost for each element of cost. Problem 3 Compute the equivalent production for the month for each of the following cases: Case 1 - Started in process 10,000 units; completed 8,000 units; work in process, end of period 2,000 units, 3/4 compieted. All material are added at the beginning of the process. Case 2 Received from preceding department - 40,000 units; completed 34,000 units; work in process, end of period, 6,000 units, 1/4 completed. All materials are added at the end of the process. Case 3 -Started in process 40,000 units; completed 34,000 units; closing inventory goods in process 3,000 units, 1/3 completed, and 3,000 units, 1/5 completed. 75% of the materials are added at the beginning of the process and 25% when the process is 1/2 completed

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