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Ortega Industries Inc. manufactures in separate processes furniture for homes

Ortega Industries Inc. manufactures in separate processes furniture for homes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making two products in two different manufacturing plants are as follows.

Cutting Department

Plant1 Plant2

Production Data-July

T12-Tables C10-Chairs
Work in process units, July 1 -0-      -0-    
Units started into production 20,000 16,000
Work in process units, July 31 3,000 500
Work in process percent complete 60 80
 

Cost Data-July

Work in process, July 1 $ -0-   $ -0-   
Materials 380,000 288,000
Labor 234,400 125,900
Overhead

104,000

96,700

   Total

$718,400

$510,600

 

For each plant:

  1. Compute the physical units of production. (If answer is zero,please enter 0. Do not leave any fields blank.)

    Physical Units

    T12 Tables C10 Chairs
    Units to be accounted for
         Work in process, July1    
         Started into production    
            Total units    
     
    Units accounted for
         Transferred out    
         Work in process, July31    
            Total units    

May 02 2018 View more View Less

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