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Process Costing 1

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0% found this document useful (0 votes)
29 views4 pages

Process Costing 1

Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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The cost data and production data for Flood Company for the month of August

were as follows:

All materials are added at the start of the process and lost units are detected at the
inspection point of 75%
1.Using FIFO method how much are the
cost assigned to transferred out and WIP
end?

2. Using WAVE method how much are


the cost assigned to transferred out and
WIP end?

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