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.
Step by Step Answer:
Cost Management Strategies For Business Decisions
ISBN: 12
4th Edition
Authors: Ronald Hilton, Michael Maher, Frank Selto