Process Costing Is
-
Upload
irfan-baloch -
Category
Documents
-
view
217 -
download
0
Transcript of Process Costing Is
-
8/9/2019 Process Costing Is
1/2
-
8/9/2019 Process Costing Is
2/2
:ork in Process;pigment dispersing 8/3,999
+anufacturing "verheads 8/3,999
2. 1ctual manufacturing overheads are 8/2,/39.
+anufacturing "verheads 8/2,/39
Payables$ash 8/2,/39
3. Total cost of pigment dispersing department which comes to be 80>,/39 (89,999 ? 8,/39 ?
8/3,999#, is transferred to let down department.
:ork in Process;let down 80>,/39
:!P;pigment dispersing 80>,/39
>. Total cost of pigment dispersing department are debited to work in process account for letdown
department using scheme of journal entries given from -2 and the accumulated cost is then
transferred to testing department and so on till the finished goods are transferred out from canning
department to finished goods account.