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ABC Company has two production departments. Curing has 12,000 units in process at the beginning of the period, 3/4 complete. During the period, 45,000 units
ABC Company has two production departments. Curing has 12,000 units in process at the beginning of the period, 3/4 complete. During the period, 45,000 units were received from Crushing, 48,000 units were transferred to Finished Goods, and 9,000 units were in process at the end of the period, 1/3 complete. Cost information for the month of November was as follows:
Cost of beginning Work in Process: | |
Cost in crushing | 21,640 |
Cost in curing: | |
Materials | 8,810 |
Labor | 1,190 |
Factory overhead | 2,420 |
Cost during the month: | |
Cost of goods received from crushing | 85,520 |
Cost in curing: | |
Materials | 53,830 |
Labor | 10,690 |
Factory overhead | 17,560 |
TOTAL COST TO BE ACCOUNTED FOR | 201,660 |
Prepare the cost of production report for the Curing Department for the month ended June 30.
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