Here's a copy of the problem we solved last time as a seatwork. Practice solving this problem.

See you tomorrow.

Thanks,
Mr. Paulo Dalaota

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ABC Company produces various kinds of candy and accumulates costs using process costing. The following information is provided under the Mixing department for the month of August: Whole Units
Work in Process, August 1 40,000 gallons Units Started and Completed this Period 60,000 gallons Units Completed and transferred out during August 100,000 gallons Work in Process, August 31 20,000 gallons

Product Costs

Work in Process, August 1 Php 347,280 Costs incurred during August Direct Materials Cost Php 96,000 Conversion Cost Php 784,400

Percentage of Completion – Conversion
Work in Process, August 1 80% Work in Process, August 31 30% For numbers 1-5

Use First In–First Out (FIFO) cost method in completing the following requirements: 1. Determine the number of whole units to be accounted for and to be assigned costs for August. 2. Determine the equivalent units of production for materials and conversion for the Mixing Department. 3. Determine the cost per...

...SEATWORK:
1. A block slides down a frictionless inclined ramp. If the ramp angle is 17.0° and the length of it is 30.0 m, find the speed of the block as it reaches the end of the ramp, assuming it started sliding from rest at the top.
2. In the figure, two boxes, each of mass 24 kg, are at rest and connected as shown. The coefficient of kinetic friction between the inclined surface and the box is 0.31. Find the speed of the boxes just after they have moved 1.6 m.
3. A block...

...Seatwork Linear Word Problems (One Unknown)
1. There is a number such that three times the number minus 6 is equal to 45. Find the number.
2. The sum of two numbers is 41. The larger number is 1 less than twice the smaller number. Find the numbers.
3. There are two numbers whose sum is 53. Three times the smaller number is equal to 19 more than the larger number. What are the numbers?
4. Mrs. Mahoney went shopping for some canned goods which were on sale. She bought three times...