快速查题-ACCA英国注册会计师试题

 If there had been a normal process loss of 10% of input during the month what would the value of this loss have been?

What is the value of the closing work in progress on 30 November?

What is the value of the units transferred to process 2?

If costs are apportioned between joint products on a physical unit basis, what was the total cost of product P production in June?

A company uses process costing to establish the cost per unit of its output. The following information was available for the last month:

Input units                             10,000

Output units                           9,850

Opening inventory                 300 units, 100% complete for materials

                                              and 70% complete for conversion costs

Closing inventory                   450 units, 100% complete for materials

                                              and 30% complete for conversion costs

Thecompany uses the weighted average method of valuing inventory.What were the equivalent units for conversion costs?

A company operates a continuous process into which 3,000 units of material costing $9,000 was input in a period. Conversion costs for this period were $11,970 and losses, which have a scrap value of $1.50, are expected at a rate of 10% of input. There were no opening or closing inventories and output for the period was 2,900 units.What was the output valuation?

The following information relates to a company's polishing process for the previous period.

Output to finished goods                  5,408 units valued at $29,744

Normal loss                                       276 units

Actual loss                                       112 units

All losses have a scrap value of $2.50 per unit and there was no opening or closing work in progress. What was the value of the input during the period?