Question
Alternate problem C Healthbar Company produces a health food and determines product costs using a process cost system. The product is moved through two departments,
Alternate problem C Healthbar Company produces a health food and determines product costs using a process cost system. The product is moved through two departments, mixing and bottling.
Production and cost data for the bottling department in August follow.
Work in process, August 1 (30,000 pints):
Costs transferred in $30,000
Materials costs 15,000
Conversion costs 9,000
Costs incurred in August: Transferred in (100,000 pints) $100,000
Materials costs 50,000
Conversion costs 39,300
All materials are added at the beginning of the bottling process. Ending inventory consists of 25,000 pints, 100% complete as to materials and 40% complete as to conversion.
Prepare a production cost report for August using the average cost method
Please don't copy the one post that's already there
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