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Honeybutter, Inc. manufactures a product that goes through two departments prior to completion. The following information is available about work in the first department, the
Honeybutter, Inc. manufactures a product that goes through two departments prior to completion. The following information is available about work in the first department, the Mixing Department, during June. Conversion 40% Work-in-process, Beginning Started into production Completed and transferred out Work-in-process, Ending Units Materials 70,000 70% 460,000 ? 80,000 75% 25% Work-in-process, Beginning Costs added during June Materials $36,550 $391,850 Conversion $13,500 $287,300 Assume the company uses the FIFO method. Prepare the production report
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