Page 219 - F2 - MA Integrated Workbook STUDENT 2018-19

Process costing

Step 6 – complete the ledger accounts

Process 2 account
Kilos $ Kilos $

Opening WIP 15,000 100,300 Output 38,000 343,320
Materials 30,000 154,200 Closing WIP 7,000 57,820
Conversion cost 146,640

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45,000 401,140 45,000 401,140
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