Recreational Production, Inc., produces a sealant for wood decks. The following data are available for the month

Question:

Recreational Production, Inc., produces a sealant for wood decks. The following data are available for the month of April:

Percentage :

Units Complete Costs (LO 3,4, 6)

Begining Wl LANEINUOMNVE ZANNIY l cccdhop. castesuecteeaces 13,000 eXcel Directimatertals Rak tennccrtl Stoceccrgaxtteiahsee 10% $ 6,500 SE anth SE AE COnVEFSIONICOSIS:.....5 cee ete ee ee 60 12,000 mnhhe.comv/hifton4e WiissstenteciiinyA pills rater insta cases: 17,000 Costs incurred in April:

DIRE CUMSANL a lS ere cvarascr sas ncdewe ov narcGasaghocuecesoe: 16,000 CONVERSIGINCOSIS se eeeraser arte te boone sate 15,800 EMelingaVViPAAV CMON eer..nes.e tcanesttae-ssscsoshuneeeces ss 6,000

|DYIeXCS RHE MENICISS, creat erborbacebuceuebccorebreeeeeer ecreree 60 CONVeGSIOMMnCOStS rare erected caressa ‘I SO NAG CP tet recta vost geese 1,500 Dikeckimatenlals -Ayscnaatkn tuenonmenamesttnoeond s 15 ECONVENSIONICOSIS sy etet eee eae CO 60 Required

a. Prepare a production cost report using weighted-average costing.

b. Show the flow of costs through the WIP Inventory T-account.

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Related Book For  book-img-for-question

Cost Management Strategies For Business Decisions

ISBN: 12

4th Edition

Authors: Ronald Hilton, Michael Maher, Frank Selto

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