Prepare a production cost report

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Alternate problem B The following data pertain to a production center of Sunbelt Company, a maker of sunscreen products:
Units Materials Conversion costs

costs
Inventory, October 1 70,000 $12,000 $16,000
Placed in production in October 200,000 20,400 18,200
Inventory, October 31 100,000 ? ?
The October 31 inventory was 100 per cent complete as to materials and 20 per cent complete as to conversion costs.

Prepare a production cost report for the month ended October 31, using the average cost method.

Reference no: EM131198065

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