Process costing
. BCJ Limited's soap making process produces 30,000 litres of finished production in May. At the start of May, there were 3,000 litres of work in progress which were 70% complete with respect to materials. At the end of May, there were 5,000 litres of work in progress whose material content was 60% complete. BCJ Limited uses the first in first out basis in valuing outputs from its process. What is the number of equivalent units of material that will be used in calculating the cost per equivalent unit to use in the valuation of closing work in progress and finished goods in BCJ Limited's soap making process in May?

. TCE Limited's soft drinks process produces 30,000 litres of finished production in July. At the start of July, there were 3,000 litres of work in progress which were 60% complete with respect to labour and overhead. At the end of July, there were 5,000 litres of work in progress which were 25% complete with respect to labour and overhead. TCE Limited uses the first in first out basis in valuing outputs from its process. What is the number of equivalent units of labour and overhead that will be used in calculating the cost per equivalent unit to use in the valuation of closing work in progress and finished goods in TCE Limited's soft drinks process in July?

. At 1 June, SBD Limited's detergent making process had 5,000 litres of work in progress valued at £8,400. This work in progress was 60% complete with respect to all inputs of material, labour and overhead. During the month, materials, labour and overhead were added to the process at a cost of £84,000. Finished output from the detergent making process in June was 21,000 litres. Work in progress at 30th June consisted of 4,000 litres of detergent which were 50% complete with respect to all inputs of materials, labour and overhead. SBD Limited uses the first in first out basis to value work in progress and finished units of output. What is the value of work in progress in the detergent making process at 30 June?

. At 1 April, FFF Limited's drain cleaner production process had 2,000 litres of work in progress valued at £18,816. This work in progress was 80% complete with respect to all inputs of material, labour and overhead. During the month, 8,400 litres of materials were added to the process together with all the required labour and overhead at a combined total cost of £84,000. Finished output from the drain cleaner production process in April was 8,000 litres. Work in progress at 30 April consisted of 2,400 litres of drain cleaner which were 25% complete with respect to all inputs of materials, labour and overhead. FFF Limited uses the first in first out basis to value work in progress and finished units of output. What is the value of finished goods production in the drain cleaner production process during April?

. At 1 May, PDP Limited's paint production process had 1,000 litres of work in progress that were 70% complete with respect to materials and 55% complete with respect to conversion (labour and overhead) costs. The value of materials in opening work in progress was £1,950 and the conversion cost was £1,225. During the month, 5,000 litres of finished paint production were produced by the process. Materials costs in May were £20,800 and conversion costs totalled up to £12,250. At 31 May there were 1,500 litres of paint in the process which were 60% complete with respect to materials and 30% complete with respect to conversion costs. PDP Limited uses the first in first out basis to value closing work in progress and finished units of output. What is the value of closing work in progress in the paint production process at 31 May?

. At 1 July, ZZT Limited's adhesive making process had 500 litres of work in progress that were 80% complete with respect to materials and 60% complete with respect to conversion costs. The £3,300 cost of opening work in progress was made up of materials at a cost of £1,760 and conversion at a cost of £1,540. During the month, 2,200 litres of finished adhesive were produced by the process. Materials costs in July were £22,000 and conversion costs totalled up to £9,900. At 31 July there were 400 litres of adhesive in the process which were 50% complete with respect to materials and 20% complete with respect to conversion costs. ZZT Limited uses the first in first out basis to value work in progress and finished units of output. What is the value of finished production of adhesive in July?

. At 1 August, BCJ Limited's industrial solvent production process consisted of 500 units of work in progress with a cost of £5,475. This opening work in progress was 75% complete with respect to all inputs of material, labour and overhead. 5,000 litres of industrial solvent were completed and transferred to finished goods during August. The cost per equivalent unit for all input costs incurred during August was £15.00. BCJ Limited allocates costs to finished goods and work in progress on the first in first out basis. What was the production cost of the 5,000 litres of industrial solvent transferred to finished goods during August?