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7 marksProcess Costing

CAPE Accounting Unit 2 · 2019 · Paper 2 · Question 2(d)(i)

Product 427 passes through two departments with beginning WIP and quarter production/cost data provided.

Using the weighted average method, calculate the unit cost for the quarter.

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Other parts of this question

  1. 2(a)Outline TWO differences between 'traditional costing approaches' and 'activity-based costing techniques'.[4 marks]
  2. 2(b)Determine the bid price for Product 427, using machine hours to apply overheads.[6 marks]
  3. 2(c)Determine the bid price of Product 427, using activity-based costing to apply overheads.[12 marks]
  4. 2(d)(i)(b)Using the weighted average method, calculate the cost of goods transferred.[3 marks]
  5. 2(d)(ii)Calculate the cost of ending work-in-progress.[3 marks]

More practice: the rest of this paper · more Process Costing questions · all CAPE Accounting Unit 2 past papers