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Assembly Department, the last department. Units still in process were 50% completed. Assembly Department completed and transferred to finished goods store room 3,400 units. No
Assembly Department, the last department. Units still in process were 50% completed.
Assembly Department completed and transferred to finished goods store room 3,400 units. No materials were added by the department. Direct labor paid was P8,460 and overhead applied was P6,768. At the end of the month, units still in process were 60% converted.
Instructions: Prepare cost of production reports and necessary journal entries for Cutting department for the month of June of the current year.
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