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 Wednesday

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
Materials Conversion Total
Ending work in process inventory:

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
Materials Conversion Total
Ending work in process inventory:

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