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please soulve this question pharma colors is a manufacturer of cotton dress. The information for july is as follows: 10,000 units Beginning work in process
please soulve this question
pharma colors is a manufacturer of cotton dress. The information for july is as follows: 10,000 units Beginning work in process Units started Units completed 20,000 units 25,000 units Beginning work-in-process direct materials $ 6,000 Beginning work-in-process conversion $ 2,600 $30,000 Direct materials added during month Direct manufacturing labor during month $12,000 Factory overhead $ 5,000 Beginning work in process was half converted as to labor and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending work in process was 40% complete. Required: Prepare a production cost worksheet using the weighted average methodStep by Step Solution
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