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Problem 4 (25 points) Branch Company has the following production and cost data for the Packaging Department at the end of October 2021. Production:
Problem 4 (25 points) Branch Company has the following production and cost data for the Packaging Department at the end of October 2021. Production: 30,000 units started into production; 25,000 units transferred out and 5,000 units 100% completed as to materials and 40% completed as to conversion costs. Manufacturing Costs: Materials added at beginning of process, $90,000; labor, $75,000; overhead $60,000. Instructions Prepare a production cost report for the month of October. Sowa ack Canv 3(25 points) You should only write answers in the blank boxes! Cost of Goods Manufactured Schedule For the Month Ended August 31, 2021 Work in process, Aug 1 Direct materials Less: Raw materials inventory, Aug 31 Direct materials used Manufacturing overhead Total manufacturing overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured
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