Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Production Report Tomar Company produces vitamin energy drinks. The Mixing Department, the first process department, mixes the ingredients required for the drinks. The following data

image text in transcribed
image text in transcribed
Production Report Tomar Company produces vitamin energy drinks. The Mixing Department, the first process department, mixes the ingredients required for the drinks. The following data are for April: Work in process, April 1 Quarts started 90,000 Quarts transferred out 75,000 Quarts in EWIP 15,000 Direct materials cost $288,000 Direct labor cost $165,000 Overhead applied $330,000 Direct materials are added throughout 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 April. If an answer is zero. enter "0". Tomar Company Mixing Department Production Report for April Unit Information Units to account for: Units in beginning work in process 90,000 Units started 90,000 Total units to account for Units accounted for Physical Flow Equivalent Units Units completed 75,000 75,000 15.000 12.000 Units in ending work in process 90.000 Total units accounted for Work completed Cost Information osts to account for: Production Report for April Unit Information Units to account for: Units in beginning work in process Units started 90.000 90.000 Total units to account for Units accounted for: Physical Flow Equivalent Units 75,000 75,000 Units completed Units in ending work in process 15,000 12,000 Total units accounted for 90.000 Work completed 87,000 Cost Information Costs to account for: Beginning work in process Incurred during the period 783,000 783,000 Total costs to account for Divided by equivalent units 87,000 Cost per equivalent unit Costs accounted for: Goods transferred out 675,000 Ending work in process 108,000 783,000 Total costs accounted for

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Describe how language reflects, builds on, and determines context?

Answered: 1 week ago