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Q.3. Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department follow: Units Materials Labor Overhead
Q.3. Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department follow: Units Materials Labor Overhead Work in process, beginning 5000 $4,320 $1,040 $1.790 Units started in process... 45000 Units transferred out... 42000 Work in process, ending.. .8,000 Cost added during the month $52,800 $21,500 $32,250 The beginning work in process inventory was 80% complete with respect to materials and 60% complete with respect to labor and overhead. The ending work in process inventory was 75% complete with respect to materials and 50% complete with respect to labor and overhead. Required: (Marks = 10) Prepare Cost of Production Report of First Department
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