Oriole Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are added at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows.

		Cutting Department
Production DataJuly		T12-Tables
Work in process units, July 1		0
Units started into production		22,000
Work in process units, July 31		3,300
Work in process percent complete as to conversion, July 31		60%
Cost DataJuly
Work in process, July 1		$0
Direct materials used in July		418,000
Direct labor incurred in July		257,840
Manufacturing overhead assigned in July		114,400
Total		$790,240

a4.)

Show the assignment of costs to units completed and transferred out and to work in process for July.

T12 Tables
Costs accounted for:
Completed and transferred out		$enter a dollar amount
Work in process
Materials	$enter a dollar amount
Conversion costs	enter a dollar amount	enter a total amount
Total costs		$enter a total amount

a5.)

Prepare the production cost report for July 2022.

ORIOLE INDUSTRIES INC. Cutting Department Production Cost Report choose the accountimg period July 31, 2022For the Year Ended July 31, 2022For the Month Ended July 31, 2022
				Equivalent Units
Quantities		Physical Units		Materials		Conversion Costs
Units to be accounted for
Work in process, July 1		enter a dollar amount
Started into production		enter a dollar amount
Total units		enter a dollar amount
Units accounted for
Completed and transferred out		enter a dollar amount		enter a dollar amount		enter a dollar amount
Work in process, July 31		enter a dollar amount		enter a dollar amount		enter a dollar amount
Total units		enter a dollar amount		enter a dollar amount		enter a dollar amount
Costs				Materials		Conversion Costs		Total
Unit costs
Total Costs				$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Equivalent units				enter a dollar amount		enter a dollar amount
Unit costs				$enter a dollar amount		$enter a dollar amount		$enter a dollar amount