Solution-Compute the cost transferred to finished goods

Compute the cost transferred to finished goods

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Reference no: EM132944316

Question - Queens uses weighted average process costing. The following data are available for the month:

Beginning inventory, 40% completed 5,000 units

Units completed 40,000 units

Ending inventory, 60% completed 6,000 units

Cost of beginning inventory P 10,000

Current period costs P 142,600

Required - Compute the cost transferred to finished goods.

Reference no: EM132944316

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Compute the cost transferred to finished goods

Reference no: EM132944316

Reference no: EM132944316

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