Question
Refer to the information in Problem 18-30. The Red Deer Company is a food-processing company based in Alberta. It operates under the weighted-average method of
Refer to the information in Problem 18-30. The Red Deer Company is a food-processing company based in Alberta. It operates under the weighted-average method of process costing and has two departments: Cleaning and Packaging. For the Cleaning department, conversion costs are added evenly during the process, and direct materials are added at the beginning of the process. Spoiled units are detected upon inspection at the end of the process and are disposed of at zero net disposal value. All completed work is transferred to the Packaging department. Summary data for May follow:
Please do problem 18-33!!
Fie Edit View Insert Format Tools Data Window Hep Physical Direct Conversion 1 The Red Deer Company: Cleaning Department Units L Materials Costs 2 Work in process, beginning inventory (May 1) 2,500 $2,500 2,000 100% 80% 3 Degree of completion of beginning work in process 4 Started during May 22,500 5 Good units completed and transferred out during May 18,500 6 Work in process, ending inventory (May 31) 4,000 100% 25% 7 Degree of completion of ending work in process S20,000 8 Total costs added during May $22,500 10% 9 Normal spoilage as a percentage of good units 100% 100% 10 Degree of completion of normal spoilage 100% 100% 11 Degree of completion of abnormal spoilageStep by Step Solution
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