Geller Manufacturing uses a process cost system to manufacture sensors for the security industry. The following information
Fantastic news! We've Found the answer you've been seeking!
Question:
Geller Manufacturing uses a process cost system to manufacture sensors for the security industry. The
following information pertains to operations for the month of March.
Production:
Units in process, March 112,000units
(60% complete with materials; 30% complete with conversion)
Units completed and transferred-out88,000 units
Units in process, March 3134,000 units
(90% complete with materials; 50% complete with conversion)
Costs:
Work-In-Process, March 1:Materials $44,400;Conversion $30,500
Costs added during March:Materials $548,600;Conversion $599,500
Using theWeighted-Averagemethod, prepare the production cost report. Format is provided as following.
Posted Date: