Refer to the data in Cornerstone Exercise 6-29. Production: Units in process, August 1, 80 percent complete
Question:
Refer to the data in Cornerstone Exercise 6-29.
Production:
Units in process, August 1, 80 percent complete 20,000 gallons
Units completed and transferred out 138,000 gallons
Units in process, August 31, 75 percent complete 16,000 gallons
Costs:
Work in process, August 1 $ 19,200
Costs added during August 180,900
Required:
Prepare a cost of production report.
Exercise 6-29.
Production: Units in process, August 1, 80 percent complete ..........20,000 gallons
Units completed and transferred out ...................................................138,000 gallons
Units in process, August 31, 75 percent complete ..........................16,000 gallons
Costs: Work in process, August 1 ..$ 19,200
Costs added during August ..........180,900
Step by Step Answer:
Bebida Company Mixing Department Production Report For the Month of August FIFO Method UNIT INF...View the full answer
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
