Pacioli Pasta uses a process costing system. All material is added at the start of the production process. Direct labour and overhead are added at the same rate throughout the process. Pacioli’s records indicate the following production for March:
Beginning inventory (70% complete as to conversion) |
12,000 units |
|
Started during March |
17,000 units |
|
Completed during March |
26,000 units |
|
Ending inventory for March is 20 per cent complete as to conversion. |
a.Compute the equivalent units of production (EUP) for direct material and conversion costs using weighted average process costing. (5 Marks)
b.Compute the EUP for direct material and conversion costs using FIFO process costing. (5 Marks)
c.Reconcile the calculations in parts a. and b. (5 Marks)
Looking for a solution written from scratch with No plagiarism and No AI?
WHY CHOOSE US?
We deliver quality original papers |
Our experts write quality original papers using academic databases.We dont use AI in our work. We refund your money if AI is detected |
Free revisions |
We offer our clients multiple free revisions just to ensure you get what you want. |
Discounted prices |
All our prices are discounted which makes it affordable to you. Use code FIRST15 to get your discount |
100% originality |
We deliver papers that are written from scratch to deliver 100% originality. Our papers are free from plagiarism and NO similarity.We have ZERO TOLERANCE TO USE OF AI |
On-time delivery |
We will deliver your paper on time even on short notice or short deadline, overnight essay or even an urgent essay |