hi sir, ask ko lang po kung uploaded po yung pt2 ng vid? hirap po kasi ako pag may production losses na

You are correct, I should have used the percentages provided to calculate the value of the opening WIP, units transferred to finished goods, and closing WIP. Here is the revised Statement of Production: _Statement of Production - Process 2_ _For the Financial Year Ended 31 December 2010_ _Units_ - Opening Work-in-Progress (WIP): 800 units - Units manufactured from Process 1: 4,300 units - Total units to account for: 5,100 units - Units transferred to Finished Goods: 4,500 units - Closing Work-in-Progress (WIP): 600 units _Costs_ - Opening WIP: - Input material (100% complete): GH¢ 8,200 - Material introduced (55% complete): GH¢ 5,600 x 0.55 = GH¢ 3,080 - Labour (60% complete): GH¢ 3,200 x 0.60 = GH¢ 1,920 - Overheads (45% complete): GH¢ 2,400 x 0.45 = GH¢ 1,080 Total opening WIP: GH¢ 8,200 + GH¢ 3,080 + GH¢ 1,920 + GH¢ 1,080 = GH¢ 14,280 - Cost of units manufactured from Process 1: GH¢ 46,500 - Other costs: - Material introduced: GH¢ 24,000 - Labour: GH¢ 19,500 - Overheads: GH¢ 18,200 - Total cost of production: GH¢ 14,280 + GH¢ 46,500 + GH¢ 24,000 + GH¢ 19,500 + GH¢ 18,200 = GH¢ 122,480 - Cost of units transferred to Finished Goods: 4,500 units x (GH¢ 122,480 ÷ 5,100 units) = GH¢ 95,400 - Cost of Closing WIP: - Input material (100% complete): 600 units x (GH¢ 8,200 ÷ 800 units) = GH¢ 6,150 - Material introduced (50% complete): 600 units x (GH¢ 5,600 ÷ 800 units) x 0.50 = GH¢ 2,100 - Labour (45% complete): 600 units x (GH¢ 3,200 ÷ 800 units) x 0.45 = GH¢ 1,710 - Overheads (40% complete): 600 units x (GH¢ 2,400 ÷ 800 units) x 0.40 = GH¢ 1,440 Total closing WIP: GH¢ 6,150 + GH¢ 2,100 + GH¢ 1,710 + GH¢ 1,440 = GH¢ 11,400 I hope this revised statement accurately reflects the production costs and values. Please let me know if you have any further questions or concerns!

Thank you very much for your interest in spreading science and knowledge. Please send the link to the explanation to benefit from the respected content, my teacher. ❤

Thank you for uploading it here Sir!!!

Thank you for uploading it here Sir!!!

Hello po sir, thnk u po s mga videos niyo may nagegets po ako. Pwede po kayang mahingi yung mga materials niyo po for acctg for materials, labor, and overhead po? Thank u po pls upload more vid about cost and MAS po.

Pashout out naman po 😊😅

Sir san galing yung 0.96P. Sa algebraic Solution?

u r alifesaver

Good day! Can I have soft copy of your PPT? Thank you sir!

1:12:33. Paano po nakuha 'yong 8 variable cost per unit?

Good day po, Sir! Ask ko lang po sana kung nasaan po yung part 1 po nitong Standard costing and Variance analysis? Thank you pooo❤

Almost lost hope for my departmental quizzes, then stumbled upon this lecture. Thank you for the lecture sir!

Hello sir! Bakit po yung solution ng problem 2 hindi pwede gamitin sa solution ng num 3?

Thank you so much sir! Dami ko po natutunan na bago sa akin.. Godbless and more videos on MAS hehe

1:07:38 cont

Grabe ka na po sir, naguumapaw ang galing maging sa singing💖☺

Thank you po sir!

Thank you sir! GAling!

Thank you ng marami sir! Galing! Dami kong nalaman about balance scorecard huhu

Thank you ng marami sir! Galing! Madami po akong natutunan...

Thank you for this, Sir. Your students must be grateful to have you. I have learned so much from the previous discussions that I've watched and I am still learning a lot up to this point.

Thank you so much sir! Galing!

Thank you sir!

1:05:08 po, paano po nakuha yung 125,000?

Good day po Sir Ryan! May I ask po kung sino sinong mga authors po yung ginagamit nyo po sa Cost Accounting and Control?

Husay nyu po sir idol🎉🎉🎉

Galing sir, mabilis maintndhan 🎉🎉

<3333

pwede po makahingi ng copy ng materials? thank you po

bat yung 0.4 naging 0.96 nung nalipat HAHHHA

GALING PO

Sir a question. Why is it that we use the revenue generated by the By-Product as the subtrahend to the Total Joint Cost Wouldn't it make sense to use the Joint Cost generated by the By-Product as the subtrahend to the Total Joint Cost? Asking for clarification sir since I'm confused at this part Ref: 1:13:00

sir why po naging 100 as well as 40 tas ipplus po sila why po?

best teacher

paano po nakuha yung 0.96?

thank you so muchh poooooooo!!!!!

This is such a great help po sir thank you! May part 2 na po kaya ito?

Good afternoon, Sir. Your video is so useful and easy to understand. May I ask for the references that you used here? Thank you.

Good day, sir! I would like to ask if may part 2 po ito? Your teaching approach po kasi is well-suited for me. Thanks po.

Thank you sir!

thank you, sir.Bravo po kayo

Kung noon ko pa nalaman tong mga vids ni Sir, graduate na sana ako nung May..

o diba may lesson na may background music ka pa HAHAHHAHA thank you sir <3

Hello po, Sir. Ask lang po sa Equity Multiplier ( 1:04:52 ) yung common stock po ba na gagamitin ay issued and outstanding lang or lahat po ng issued?

Hi, Doc Ryan. Will take my CMA exam po kasi this coming Oct. Nakalimutan ko na po mag-compute ng cost using process costing, JO nalang po ata kayang i-store ng 2 brain cells ko haha. Anyway, thank you for this po!

Such an underrated channel, thank you sir!

ANG GALING <333

Thank you , Sir🤍

Hello po Doc. Ryan Roque, can I used the content of your ppt. po ? For academic purposes lang po. Ito po kasi yung topic na iri-report ko sa Saturday. Include na lang din po kita sa reference po. Maraming salamat po. ☺