Question
Dover Chemical Company manufactures specialty chemicals by a series of three processes, all materials being introduced in the Distilling Department. From the Distilling Department, the
Dover Chemical Company manufactures specialty chemicals by a series of three processes, all materials being introduced in the Distilling Department. From the Distilling Department, the materials pass through the Reaction and Filling departments, emerging as finished chemicals.
The balance in the account Work in ProcessFilling was as follows on January 1:
Work in ProcessFilling Department | ||
(4,700 units, 80% completed): | ||
Direct materials (4,700 x $11.70) | $54,990 | |
Conversion (4,700 x 80% x $7.60) | 28,576 | |
$83,566 |
The following costs were charged to Work in ProcessFilling during January:
Direct materials transferred from Reaction | ||
Department: 60,600 units at $11.50 a unit | $696,900 | |
Direct labor | 242,740 | |
Factory overhead | 233,216 |
During January, 60,100 units of specialty chemicals were completed. Work in ProcessFilling Department on January 31 was 5,200 units, 90% completed.
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