Question
Prepare a Cost of Production Report in good form Using the FIFO and Weighted Average methods. BI wip (.6 conversion costs) 2,000 units Units started
Prepare a Cost of Production Report in good form Using the FIFO and Weighted Average methods.
BI wip (.6 conversion costs) 2,000 units
Units started in production 15,000
Units Complete and transferred out. 13,200
Ending Inventory wip . 3,800
BI wip DM 15,000
Costs 1,620
Current Costs of production
Direct Materials 102,750
Conversion Costs. 19,425
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Corporate Accounting Vol 1
Authors: Dr S. Kr. Paul, Prof. Chandrani Paul
1st Edition
164725146X, 9781647251468
