Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / List the five steps in preparing a production report

List the five steps in preparing a production report

List the five steps in preparing a production report.

 

 

Units (60% complete)5,000

Direct materials$20,000

Direct labour$24,000

Overhead$  4,000

 

During June, 80,000 units were completed and transferred to packaging.

 

 

Direct materials$180,000

Direct labour200,000

Overhead59,200

 

At June 30, 12,000 units that were 10% complete remained in the mixing department.

 

Use the weighted average method, and round unit costs to two decimal places.

 

A.Determine equivalent units of production for June.

B.Determine June’s total costs to account for.

C.Determine total cost per equivalent unit of production.

D.Determine the cost of goods transferred to the packaging department.

E.Determine the cost of June’s ending work in process for the mixing department.

 

 

 

Conversion (2,000 ? 25%)500

Equivalent units of output12,00010,500

 

A.Compute the unit cost for December using the weighted average method.

B.Determine the cost of goods transferred out.

C.Determine the cost of ending work in process.

Mar 13 2020 View more View Less

Answer (UnSolved)

question Get Solution

Related Questions