Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cost of Proton Report: Avenge Cost Mathed Use the average cow method with the following was preces, December 1,000, 70 completed Materials and during December

image text in transcribed
image text in transcribed
image text in transcribed
Cost of Proton Report: Avenge Cost Mathed Use the average cow method with the following was preces, December 1,000, 70 completed Materials and during December tom Weaving Department, 100,600 wits 618,144 Direct labor for December 152.543 Factory overhead for December 92.628 Goods inched during December (inates good in process, December 1). 107.300 unts work in process, December 31,8,100 units, 10 completed Prepare a cost of production report for the Cutting Department of the Carpet Company for December 2016 using the act method of required, round your cont per equivalent unit answer to two decimal places The Carpet Cost of duction Reporting For the Mode Der 31, 2016 ry, December Rom Dept Te for the Whole Units Equivalent Units of Production Transferred to finished goods in December Inventory in process, December 31 Total units to be assigned costs Cost Information Costs per equivalent unit: Costs Total costs for December in Cutting Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, December 1 Costs incurred in December Total costs accounted for by the Cutting Department Costs allocated to completed and partially completed unit: Transferred to finished gode in December Inventory in December 31 Tot costs and by the cutting Decantant Cost of Production Report: Average Cost Method Use the average cost method with the following data: Work in process, December 1, 5,800 units, 70% completed $33,698 Materials added during December from Weaving Department, 109,600 units 618,144 Direct labor for December 152,543 Factory overhead for December 92,928 Goods finished during December (includes goods in process, December 1). 107,300 units Work in process, December 31,8,100 units, 10% completed Prepare a cost of production report for the Cutting Department of Tanner Carpet Company for December 2016 using the average cost method. If required, round your ce Tanner Carpet Company Cost of Production Report-Cutting Department For the Month Ended December 31, 2016 Unit Information Units charged to production Inventory in process, December Received from Weaving Department To accounted for by the cut N is to be E Un

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Human Resources

Authors: Kelli W. Vito

2nd Edition

0894136941, 978-0894136948

More Books

Students also viewed these Accounting questions

Question

Carry out an interview and review its success.

Answered: 1 week ago