Production records show that 25000 units were in beginning

Reference no: EM13599975

a.) Determine teh equivalent units of porduction and teh unit production costs for the Assembly Department.

b.) Determine the assignment of costs to goods transferred out and in process.

c.) Prepare a production sheet cost report for the Assembly Department.

All base off of the following information...

McNair Co has severyal psorcessing departments. Costs charged to teh Assembly Department for October 2011 totaled $1,249,500 as follows.

Work in process, October 1

Materials $29,000
Conversion costs 16,500
Materials added 1,006.00
Labor 90,000
Overhead 108,000

Production records show that 25,000 units were in beginning work in process 40% complete as to conversion cost, 425,000 unites were started into production and 35,000 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process.

Reference no: EM13599975

Questions Cloud

The management of horton company estimates that credit : the management of horton company estimates that credit sales for august september october and november will be 270000

Rollie company is launching a new cleaning product for : rollie company is launching a new cleaning product for ceramic vases. the company invests 1200000 in operating assets

At december 31 2010 sager co had 1200000 shares of common : at december 31 2010 sager co. had 1200000 shares of common stock outstanding. in addition sager had 450000 shares of

Jeff beck is a farmer who owns land that borders on the : jeff beck is a farmer who owns land that borders on the right-of-way of the northern railroad. on august 10 2010 due to

Production records show that 25000 units were in beginning : a. determine teh equivalent units of porduction and teh unit production costs for the assembly department.b. determine

Redstone company spent 190000 developing a new process : redstone company spent 190000 developing a new process 45000 in legal fees to obtain a patent and 91000 to market the

Northwest brands inc is a small business incorporated in : northwest brands inc. is a small business incorporated in minnesota. its one class of stock is owned by twelve members

The profit and loss statement of strategy inc an s : the profit and loss statement of strategy inc. an s corporation shows net profits of 101000 book income. the

Pie safe companys beginning work in process inventory : pie safe companys beginning work in process inventory included 10000 units that are 20 complete with respect to direct

User Account

All Pages