Brite Toothbrushes has gathered the following information to complete its Production Report for the month of April.
Question:
Brite Toothbrushes has gathered the following information to complete its Production Report for the month of April.
Required:
Using the provided information, complete the report.
Transcribed Image Text:
BRITE TOOTHBRUSHES Process Costing Production Report (Weighted Average Method) Assembly Department For the Month Ended April 30, XXXX Physical Units UNITS Units to be accounted for: Beginning work in process Started into production Total units 50% complete as to conversion 2,500 55,000 57,500 Equivalent Units Direct Materials Conversion Costs Units accounted for: Completed and transferred out Ending work in process 45,000 30% complete as to conversion ? Total units COSTS Direct Materials Conversion Costs Total Cost 50,000 Cost of beginning work in process Current period costs Total costs 42,500 7,500 991,875 297,375 1,289,250 Equivalent units Cost per equivalent units ? Direct Materials Conversion Costs Total Cost Costs to be accounted for Beginning work in process Current period costs Total costs Costs accounted for: Completed and transferred out Ending work in process Total costs
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Managerial Accounting
ISBN: 978-1260413984
4th edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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