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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.
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 | 500,000 |
Gallons transferred out | 420,000 |
Direct materials cost | $1,500,000 |
Direct labor cost | $1,968,000 |
Overhead applied | $2,952,000 |
Direct materials are added at the beginning of the process. Ending inventory is 90 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".
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