1. Complete a production cost report for the Cutting department and the Sewing department. What is the cost of one basic shirt?

Cost-Vc COMPREHENSIVE PROBLEM > Comprehensive Problem for Chapters 16-20 The Jacksonville Shirt Company makes two types of T-shirts basic and custom. Basic shirts are plain shirts without any screen printing on them. Custom shirts are created using the basic shirts and then adding a custom screen printing design. The company buys cloth in various colors and then makes the basic shirts in two departments, Cutting and Sewing The company uses a process costing system (weighted average method to determine the production cost of the basic shirts. In the Cutting Department, direct materials (doth) are added at the beginning of the process and conversion costs are added evenly through the process. In the Sewing Depart- ment, no direct materials are added. The only additional material, thread, is considered an indirect material because it cannot be easily traced to the finished product. Conver sion costs are added evenly throughout the process in the Sewing Department. The finished basic shirts are sold to retail stores or are sent to the Custom Design Departe ment for custom screen printing The Custom Design Department creates custom shirts by ackling screen print ing to the basic shirt. The department creates a design based on the customer request and then prints the design using up to four colors. Because these shirts have the cute tom printing added, which is unique for each order, the additional cost incurred is determined using job order costing, with each custom order considered a separate jok For March 2018, the Jacksonville Shirt Company compiled the following data for the Cutting and Sewing Departments 777 Department Item Amount Units Cutting Beginning balance $ 0 Oshirts Started in March 1.200 shirts Direct materials added in March 1,920 Conversion corts 1.220 Completed and transferred to Sewing 1,200 shirts Ending balance Oshirts Sewing Beginning balance, transferred in, $1,350, conversion costs, 5650 $ 2,000 500 shirts Transferred in from Cutting ??? ??? Conversion costs added in March Completed and transferred to Finished Goods ??? 1,000 shirts Ending balance, 60% complete 272 For the same time period, the Jacksonville Shirt Company compiled the following data for the Custom Design Department 1,196 12? Status Job 367 368 369 370 Quantity 400 150 Design Fee Yes Printing 3 colors 2 colors 5 colors 4 colors Complete Complete Complete Complete