Process costing
. During December, 25,000 litres of materials were input to CIC Limited's paint making process at a cost of £55,000. Conversion costs for the month were £14,000. 20,000 litres of paint were completed during December and were transferred to finished goods. The work in progress at the end of December was 60% complete with respect to both materials and conversion costs. What is the monetary value of work in progress at the end of December in CIC Limited's paint making process?

. During September, VVF Limited used 18,000 litres of input material in its detergent making process at a cost of £52,000. Conversion costs for the month totalled up to £12,800. Finished production of detergent during September was 15,000 litres. 3,000 litres of work in progress on 30th September were 40% complete with respect to both materials and conversion costs. What is the value of the work in progress at the end of September in VVF's detergent making process?

. AVA Limited's glue making process in March turned 10,000 litres of input materials into 8,000 litres of finished production with a total process cost of £108,000 and 2,000 litres of closing work in progress with a cost of £10,800. What was the % completion of work in progress at the end of March?

. BJJ Limited's solvent making process produced 16,000 units of completed production in August. At the end of August, there were 4,000 units of work in progress which were 75% complete with respect to materials and 40% complete with respect to conversion costs. 20,000 litres of materials were put into the process in August at a cost of £76,000. Conversion costs for the month totalled up to £26,400. What is the value of work in progress at the end of August?

. TTP Limited's paint production process produced 9,000 litres of finished paint production in October. At the end of October, there were 3,000 litres of work in progress which were 60% complete with respect to materials and 50% complete with respect to conversion (labour and overhead) costs. Materials input to the paint making process in October had a cost of £70,200 while conversion (labour and overhead) costs for the month were £30,240. What is the equivalent unit cost that will be used in valuing finished goods and closing work in progress for October?