please answer do not image format Well Done Sdn. Bhd. makes a product that has to pass through twomanufacturing processes, I and II. All the materials is input at the start ofProcess I. No losses occur in Process I but there is a normal loss in Process IIequals to 7% of the input into that process. Losses have no realisable value.Process I is operated only in the first part of every month followed by Process IIin the second part of the month. All completed production from Process I istransferred into Process II in the same month. There is no Work In Process(WIP) in Process II.Information for last November for each process is as follows:Process IOpening WIP200 units (40% complete forconversion costs) valued in total atRM16,500Input into the processOa. RM198,000O b. RM238,500OC RM134,500O d. RM214,5001,900 units with a material cost ofRM133,000Conversion costs incurred RM93,500Closing WIP50% complete for conversioncostsProcess IITransfer from Process IConversion costs incurredCompleted units1,660 unitsCalculate the total value of the units transferred to Process II.1,800 unitsRM78,450

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Answered: Calculate the total value of the units…

Calculate the total value of the units transferred to Process II. O a. RM198,000 O b. RM238,500 OC RM134,500 O d. RM214,500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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