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Amal Company has the details of processing department for January 2017 as follows for:-- Item Physical % of completion units Materials conversion st W-I-P,June, 1
Amal Company has the details of processing department for January 2017 as follows for:-- Item Physical % of completion units Materials conversion st W-I-P,June, 1 60000 60% 20% Units started 540000 during period W-I-P,June, 30 600000 40% 50% The cost details are as follows:- Item Direct materials Conversion cost cost W-I-P,June, 1st 200000$ 100000$ Current period 608000$ 316000$ costs Totals 808000$ 416000$ Required: (under FIFO Method) find out the production report? Prepare the production report
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