The increases to Work in Process-Roasting Department for Highlands Coffee Company for May as well as information
Question:
The increases to Work in Process-Roasting Department for Highlands Coffee Company for May as well as information concerning production are as follows:
Work in process, May 1, 1,150 pounds, 40% completed...........$ 1,700
Coffee beans added during May, 10,900 pounds........................28,600
Conversion costs during May.........................................................12,504
Work in process, May 31, 800 pounds, 80% completed........................-
Goods finished during May, 11,250 pounds...........................................-
Prepare a cost of production report for May, using the average cost method.
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Related Book For
Managerial Accounting
ISBN: 978-1337270595
14th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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