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Prepare a FULL Cost of Production Report for the following information. Melting Department Information: Beginning inventory, 8,000 units 40% complete $19,450 Materials added 18,000 units
Prepare a FULL Cost of Production Report for the following information.
Melting Department Information:
| Beginning inventory, 8,000 units 40% complete | $19,450 |
| Materials added 18,000 units (started this period) | $54,000 |
| Direct labor | $32,500 |
| Factory Overhead | $66,320 |
| Ending Inventory, 7,500 units 40% converted |
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0471072419, 978-0471072416
