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QUESTION: Mixing Department has gathered the following information for June 2022: Units of beginning work in process. Units 20,000 Units started into production during
QUESTION: Mixing Department has gathered the following information for June 2022: Units of beginning work in process. Units 20,000 Units started into production during the month of June 40,000 Units of ending work in process.... 25,000 Percentage of completion of conversion costs of ending work in process.... 40% S Cost of opening work-in-process: Direct materials (100% complete) $10,000 Conversion cost (partially complete) $24,000 S Costs incurred in the month of June: Direct materials..... $80,000 Conversion costs... $57,000 Required: Prepare a Production Cost Report for Mixing Department for June 2022. Formula is to be clearly shown. (15 marks)
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