MGT402 Cost & Management Accounting Assignment No 2 Complete Solution
See the attached file please
According to FIFO 100% materials has been issued to 20,000 units and 40% work as to Direct Labor and F.O.H was completed. and the remaining 60% works were required as to F.O.h and Direct labor to convert 20,000 units of work in process to finished goods. So there is an error in the attached solution.