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jivitah
Sep 9, 2007, 11:32 PM
There are 2department,frames and string department.. 6000 frames transferred to the string depart.. we are using process costinng here.

Beginning WIP, oct is* 1000 unit $17100(prior depart cost)~~~~~ $10600(material cost)~~~~ $10420conversiionn cost
Transferd-in drg oct 6000unit
Fromframes depart
Ending WIP, oct ** 2700unit
Cost added drg oct $53200(prior depart cost)~~~ $12500(material cost)~~~ $16475(conversion cost)

*degree of completion:transfered in cost,100% ;dir material 60% and conversion cost,75%
**degr of complt: tranfered in cost, %, dirct material: 80% and conv cost is 45%

I need to do production report using FIFO METHOD.. I don't no how to work out the transferred in cost fir the ending wip(degree of completion)
IF SOMEONE CAN HELP WITH THIS PLZZZZ?

Clough
Sep 10, 2007, 03:25 AM
You might want to read the announcement on the following link first.

https://www.askmehelpdesk.com/math-sciences/announcement-u-b-read-first-expectations-homework-help-board-b-u.html

jivitah
Sep 10, 2007, 08:11 AM
I know and had read it.. I only want to know how to calculate the transferred in cost for ending WIP.as it in question... I don't no how to explain in single information.. I also don't no which information required to answer the transferred in cost. So that's why I put all the information. So anyone?