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Process Costing - FIFO Assumptions The Stones Company had unfinished units in both of its manufacturing operations. Productio
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A. Required: Complete the following sequence of steps for Department B. 1. Compute physical flow and equivalent full units. 2
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Department A Department B
Particulars Amt Particulars Amt Particulars Amt Particulars Amt
Opening Stock 24000 Units Completed and transferred Opening Stock 8000 Units Completed and transferred
Units Introduced 60000 Units from beg 24000 Units Introduced 29000 Units from beg 8000
Units Started & Completed 40000 Units Started & Completed 4000
Total transftered & Completed 64000 Total transftered & Completed 12000
Units at End 20000 Units at End 25000
84000 84000 37000 37000
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