Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the first...
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Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year: Work in process, January 1 Gallons started Gallons transferred out 550,000 462,000 Direct materials cost $1,650,000 Direct labor cost Overhead applied $2,129,600 $3,194,400 Direct materials are added at the beginning of the process. Ending inventory is 80 percent complete with respect to direct labor and overhead. Required: Prepare a production report for the Mixing Department for the current year. If an amount is zero, enter "0". Softkin Company Mixing Department Production Report for Current Year Units to account for: Unit Information Total units to account for Units accounted for: Total units accounted for Work completed 000 Equivalent Units Physical Flow Direct Materials Conversion Costs Cost Information Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for: Total costs accounted for Direct Materials Conversion Total Costs 1000 10000 Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year: Work in process, January 1 Gallons started Gallons transferred out 550,000 462,000 Direct materials cost $1,650,000 Direct labor cost Overhead applied $2,129,600 $3,194,400 Direct materials are added at the beginning of the process. Ending inventory is 80 percent complete with respect to direct labor and overhead. Required: Prepare a production report for the Mixing Department for the current year. If an amount is zero, enter "0". Softkin Company Mixing Department Production Report for Current Year Units to account for: Unit Information Total units to account for Units accounted for: Total units accounted for Work completed 000 Equivalent Units Physical Flow Direct Materials Conversion Costs Cost Information Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for: Total costs accounted for Direct Materials Conversion Total Costs 1000 10000
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