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a.) Determine teh equivalent units of porduction and teh unit production costs for the Assembly Department. b.) Determine the assignment of costs to goods transferred
a.) Determine teh equivalent units of porduction and teh unit production costs for the Assembly Department. b.) Determine the assignment of costs to goods transferred out and in process. c.) Prepare a production sheet cost report for the Assembly Department. All base off of the following information... McNair Co has severyal psorcessing departments. Costs charged to teh Assembly Department for October 2011 totaled $1,249,500 as follows. Work in process, October 1 Materials $29,000 Conversion costs 16,500 Materials added 1,006.00 Labor 90,000 Overhead 108,000 Production records show that 25,000 units were in beginning work in process 40% complete as to conversion cost, 425,000 unites were started into production and 35,000 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process this is the format: Equivalent Units Physical Conversion (a) Units Materials Costs Units to be accounted for: Units accounted for: Costs: Cost per unit (b) Costs accounted for: (c) McNair Company Assembly Department Production Cost Report For The Month Ended October 31, 2011 Equivalent Units Physical Conversion Units Materials Costs Total Quantities: Units to be accounted for Units accounted for Costs: Unit costs: Costs to be accounted for Cost Reconciliation Schedule: Costs accounted for PLEASE HELP
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