Question

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14. Following data relate to process Q:
4,000 units
(1) Opening work-in-process
Degree of Completion :
24,000
Material 100%
Labour 60%
14,400
Overheads 60%
* 7,200
(ii) Received during the month of April, 2018 from Process P:
40,000 units
1,71,000
(ii) Expenses incurred in Process Q during the month
Materials
79,000
Labour
1,38,230
Overheads
69,120
(iv) Closing Work-in-process
3000 units
Degree of completion :
Material
100%
Labour & Overheads
50%
(v) Units scrapped
4,000 units
Degree of completion :
Materials
100%
Labour & Overheads
80%
(vi) Normal Loss : 5% of current input
(vii) Spoiled goods realised 1.50 each on sale.
(vii) Completed units are transferred to warehouse. Required : (1) Equivalent units
statement (ii
) Statement of cost per equivalent unit and total costs (ii) Process Q Account (im)
Any other account necessary use FIFO.
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Answer 1

can't understand what is the question.......