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Company ABC's packaging department for the month of December has the following data: Units No. of Units % Completion WIP as of Dec. 1 200
Company ABC's packaging department for the month of December has the following data: Units No. of Units % Completion WIP as of Dec. 1 200 30% Started to Process 5,000 WIP as of Dec. 31 400 25% Costs WIP as of Dec. 1 Material 9,600 Conversion Cost 5,575 Costs added to Production: Material 368,600 Conversion Cost 350,900 Required: Prepare a COPR using WAM Method with even application of material and conversion cost. Fill in the items below of a condensed COPR. only selected items are required - get these items from your COPR. For answers with decimals, round up to 2 decimal places. Company ABC Cost of Production Report For the month ended December Packaging Department Quantity Schedule Physical Units WIP, beg Started to process Total Units to be Accounted For Finished and transferred to the next department Units WDM EPM WDC EPC Total Units transferred WIP, End Total Units as Accounted for Cost Analysis Amount Unit Cost Cost WIP Beg Material Conversion Cost from previous department Material Conversion Cost incurred during the month Material Conversion Total cost to be Accounted for Amount Finished and transferred to the next department Total Cost of Transfer WIP, Ending Cost from previous department Cost this month Total Cost as Accounted for
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