Ones co manufactures a product called zens in a

Reference no: EM13600647

Ones Co. manufactures a product called Zens in a three-process series. All materials are introduced at the beginning of the first process. Jones uses the first-in, first-out method of inventory costing. Unit and cost data for the first process for the month of October 2007 follow:

Conversion Units Completion Cost
Work in process
inventory
October 1 12,000 60% 140,400
October 31 5,000 40% ?
Started in October 14,000
Direct materials Cost 106,400
Conversion cost 70,310
Completed in October 21,000 ?

Prepare Jones' Department A cost of production report for October.

Reference no: EM13600647

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