Kokomo Kayak Inc. uses the process cost system. The following data, taken from the organization€™s books, reflect the results of manufacturing operations during the month of March:

Production Data:
18,000 units finished and transferred to stockroom.
Work in process, end of period, 3,000 units, two-thirds completed.
Required:
Prepare a cost of production summary for March.

Transcribed Image Text:

Production Costs Work in process, beginning of period: $ 5,200 4,600 ....2,000 11 $11,800 Costs incurred during month: 15,000 Total . .. $58,800