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ABC company unit completed and transferred out 600 soaps to department-XX at the end of the week. In department-XX 450 soaps completed and transferred
ABC company unit completed and transferred out 600 soaps to department-XX at the end of the week. In department-XX 450 soaps completed and transferred to finished goods. Units which were still in process 100 and 50 units lost (Normal). Units in process 100% with the reference of material and 60% with conversion cost. Cost received from preceding department Following costs were incurred by department-11: Direct Material Direct Labor Factory overhead 540 150 1 168 Required: Prepare cost of production report
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