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SAINT VINCENT DE FERRER COLLEGE BS ACCOUNTANCY (1t semester SY 2018-2019) ONLINE RESOURCES by Prof....

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Accounting

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SAINT VINCENT DE FERRER COLLEGE BS ACCOUNTANCY (1t semester SY 2018-2019) ONLINE RESOURCES by Prof. Hector Santos Jr., CPA, MBA JUNE 2018 Part 4 Management Advisory Services I. A company's Department 2 costs for June were: Cost from Department 1 Cost added in Department 2: $16,320 43,415 56,100 58.575 Materials Labor Factory overhead (FOH) The quantity schedule shows 12,000 units were received during the month from Department 1; 7,000 units were transferred to finished goods; and 5,000 units in process at the end of June were 50% complete as to materials cost and 25% complete as to How much is the amount of Work in process ending inventory? 2. During April, 20,000 units were transferred in from department A at a cost of $39,000. Malerials cost of $6,500 and conversion cost of $9,000 were added in department B. On April 30, department B had 60% comnlete as to conversion as costs. Materials are added in the

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