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Prepare a cost of production report for the Cutting Department of Dalton Carpet Company for January. Use the average cost method to solve for the
- Prepare a cost of production report for the Cutting Department of Dalton Carpet Company for January. Use the average cost method to solve for the missing values with the following data:
| Description | Dollar Amount |
| Work in process, January 1, 3,400 units, 75% completed | $32,000 |
| Materials added during January from Weaving Department, 64,000 units | 369,200 |
| Direct labor | 177,000 |
| Factory overhead | 89,710 |
| Goods finished during January (includes goods in process, January 1), 63,500 units | ? |
| Work in process, January 31, 3,900 units, 10% completed | ? |
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Auditing And Assurance Services With ACL CD
Authors: McGraw Hill
1st Edition
1259071200, 978-1259071201
