The Sanding Department of Jo Furniture Company has the following production and manufacturing cost data for March
Question:
The Sanding Department of Jo Furniture Company has the following production and manufacturing cost data for March 2017, the first month of operation.
Production: 11,000 units finished and transferred out; 4,000 units started that are 100% complete as to materials and 25% complete as to conversion costs. Manufacturing costs: Materials $48,000; labor $42,000; and overhead $36,000.
Instructions
Prepare a production cost report
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Related Book For
Managerial Accounting Tools For Business Decision Making
ISBN: 9781118957738
7th International Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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