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Q5. The Mixing department of Modern bakery has the following production and cost data for March 2019: Productions Costs 1. Transferred out 3,500 units beginning
Q5. The Mixing department of Modern bakery has the following production and cost data for March 2019: Productions Costs 1. Transferred out 3,500 units beginning work in process 2. Started 700 units that are 70% complete Materials as to conversion costs and 100% complete Labour as to materials at March 31. Manufacturing overhead $-0- 19,950 18,952.50 24,937.50 Materials were added at the beginning of the process. Conversion costs are incurred uniformly during the process. Instructions 1. Prepare schedule for physical units of production (Quantity schedule) 2. Compute the equivalent units of production for (1) materials and (2) conversion costs for each month. 3. Calculate per unit cost 4. Compute the unit costs and prepare a cost reconciliation schedule
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