Assignment 4
Cost Accounting
Name of Student
Reg. No.
Subject:
Cost Accounting
Program:
BBA
Facilitator:
Moona Shamim
Max. Marks:
40
Date:
14th - NOVEMBER -2018
Session
MONDAY
Attempt all on the same sheets .
Question 1.
1|Page
Weighted-Average Method
1
Equivalent Units of Production
Materials
Conversion
Equivalent units of production ..................
2. Cost per Equivalent Unit
Materials
Conversion
Cost per equivalent unit, (a) ÷ (b).........
2|Page
3 Cost of Ending Work in Process Inventory and Units Transferred
. Out
Ending work in process inventory:
Materials
Conversion
Total
Units completed and transferred out:
Cost of units completed and
transferred out ..............
3|Page
4. Cost Reconciliation
Costs to be accounted for:
Total cost to be accounted for ................
Costs accounted for as follows:
Total cost accounted for.........................
4|Page
Question 2.
5|Page
1
Equivalent Units of Production
Materials
Conversion
Equivalent units of production ..................
2. Cost per Equivalent Unit
Materials
Conversion
Cost per equivalent unit, (a) ÷ (b).........
6|Page
3 Cost of Ending Work in Process Inventory and Units Transferred
. Out
Ending work in process inventory:
Materials
Conversion
Total
Units completed and transferred out:
Cost of units completed and
transferred out ..............
7|Page
4. Cost Reconciliation
Costs to be accounted for:
Total cost to be accounted for ................
Costs accounted for as follows:
Total cost accounted for.........................
8|Page