Solution-What the materials cost in work in process on july

What the materials cost in work in process on july is

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Reference no: EM132549349

Phantom Enterprises adds materials to production at the beginning of the process in the Production Department. It uses a single-step process. Data on material for this department for July 2018 are as follows:

Production data (units):

In process, beginning of July, 10,000; Started during July, 60,000; Completed and transferred out during July, 55,000.

Manufacturing cost:

Work in process, beginning, PHP 39,000; Materials used in July, PHP186,000.

Question 1: The materials cost in Work in Process on July 31 is

Reference no: EM132549349

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What the materials cost in work in process on july is

Reference no: EM132549349

Reference no: EM132549349

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