Question
Problem 18-4 How do I make a production cost report (L.O. 5) A bottling company bottles soft drinks using a process cost system. Following are
Problem 18-4
How do I make a production cost report (L.O. 5)
A bottling company bottles soft drinks using a process cost system. Following are cost and production data for the mixing department for June:
UnitsMaterials CostsConversion Costs
Inventory, June 1 56,000$11,620$16,240
Placed in production in June133,00029,96041,720
Inventory, June 30 63,000? ?
The June 30 inventory was 100% complete as to materials and 30% complete as to conversion.
How do I make a production cost report for the month ended June 30 using the average cost method.
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Using Microsoft Excel And Access 2013 For Accounting
Authors: Glenn Owen
4th Edition
1305161858, 9781305161856
