Weighted average cost of production report Paint-Co manufactures several lines of qual- ity exterior paints. The Mixing
Question:
Weighted average cost of production report Paint-Co manufactures several lines of qual- ity exterior paints. The Mixing department is the first process center in the production of a barn roof paint. In July, the beginning work in process consists of 3,000 gallons of base with all materials added and 50 percent conversion. Beginning work in process costs include $6,000 of material, $1,095 of labor, and $640 of manufacturing overhead. Units started during July are 27,000 gallons, including materials costs of $48,600, labor costs of $30,625, and overhead costs of $14,700. Ending work in process is 8,000 gallons with all materials and 50 percent conversion. Weighted average inventory is used.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: