PROBLEM SET Dela Cruz Inc. has a department that manufactures wooden cars. The following information 1 answer below »


PROBLEM SET Dela Cruz Inc. has a function that manufactures wooden cars. The forthcoming knowledge is for the evolution of these for the month of February: Work-in-process register, 1 Feb. 40,000 Direct materials cost: 100% thorough $400,000 Conversion: 20% thorough $460,000 Units established during February 60,000 Units thoroughd during February and Pestilential out 80,000 Work-in-process register, 28 Feb 20,000 Direct materials: 100% thorough Conversion cost: 40% thorough Costs incurred during February Direct materials $200,000 Conversion $380,000 Required: (a) Using the weighted-average mode, apportion the forthcoming: (i) Costs per equipollent individual. (ii) Cost of consequence thoroughd and pestilential out. (iii) Cost fostering in the consummation work-in-process register. (b) Using the first-in first-out mode, apportion the forthcoming: (i) Costs per equipollent individual. (ii) Cost of consequence thoroughd and pestilential out. (iii) Cost fostering in the consummation work-in-process register