Hernandez, Joenard, D.

BSBA2.1A
COSTING AND PRICING

Date Transaction
May 1 Balance, 750 units at P72
4 Purchased 1200 units at P78 per unit
8 Issued 1050 units to chain 1
12 Purchased 1950 units at P97.50 per unit
19 Purchased 300 units at P105 per unit
25 Issued 750 units to Manufacturing Chain 2
29 Purchased 150 units at P108 per unit

UNIT UNIT COST TOTAL COST

Inventory, May 1 750 72 P54,000
4 1200 78 93,600
12 1950 97.50 190,125
19 300 105 31,500
29 150 108 16,200
Raw Materials Available: 4350 P385,425
Less Issuance:
May, 8 (1050) (77,400)
25 (750) (58,500)
Raw Materials Issued: (1800) (P135,900)
Raw Materials Inventory: 2,350 P249,525
150 units x P78 = P11,700
190 units x P97.50 = P190,125
300 units x P105 = P31,500
150 units x P108 = P16,200
P249,525
FIFO

DATE UNIT UNITS COST TOTAL COST

May, 1 750 72 54,000

4 1200 78 93,600

TOTAL 1950 147,600

(Issued) 8 (750) 72 (54,000)

(300) 78 (23,400)

TOTAL 900 70,200

12 1950 97.50 190,125

TOTAL 2850 260,235

19 300 105 31,500

TOTAL 3150 291,825

(Issued) 25 (750) 78 (58,500)

TOTAL 2400 233,325

29 150 108 16,200

2550 P 249,525
AVERAGE COST

DATE UNIT UNIT COSTS TOTAL COST

MAY 1, 750 72 54,000

4 1200 78 93,600

1950 75.69 147,600

8 (1050) 75.69 (79,474.5)

900 75.69 68,125.5

12 1950 97.50 190,125

2850 90.61 258,250.5

19 300 105 31,500

3150 91.98 289,750.5

25 (750) 91.98 (68,985)

2400 91.98 220,765.5

29 150 108 16,200

TOTAL 2550 92.92 236965.5