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Prepare a production cost report for the month ended march

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Reference no: EM13879277

The following information relates to Aromatic Company for its line of perfume products for the month ended March 3.

Units in beginning inventory (units equal cases of product) 27,000

Cost of units in beginning inventory:
Materials $40,500
Conversion $18,900

Units placed in production 54,000

Cost incurred during current period:
Materials $239,598
Conversion $215,310

Units remaining in ending inventory
(100% complete as to materials,
60% complete as to conversion) 3,000

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

Reference no: EM13879277

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