Question
Sewing Department has the following information for the month of May: Beginning work in process inventory: 1000 units, 100% complete as to materials, 50% complete
Sewing Department has the following information for the month of May:
Beginning work in process inventory: 1000 units, 100% complete as to materials, 50% complete as to labor and overhead.
Started during the month: 12,000
Transferred out during the month: 10,500
Ending work in process: 2000, 100% complete as to materials, 50% complete as to labor and overhead.
Normal units lost in production: 500 units
Costs DATAAAA | Materials | Labor | Overhead |
Beginning WIP | 2,500 | 1,500 | 1,000 |
S | 30,000 | 18,000 | 12,000 |
Prepare a cost of production report for the Sewing Department in the month of May
Materials units total EU Beginning WIP Started and Completed Ending Wip EU for Materials Labor and OH units total EU Beginning WIP Started and Completed Ending Wip EU for Labor and Overhead EP units unit cost Cost Schedule Costs to be Accounted for Beginning Inventory WIP Materials Labor Costs added in current month Materials Labor total costs added in current dept Total costs to be accounted for Costs Accounted for Transferred out From Beginning WIP Beginning Inventory Materials Labor OH total costs from Beg WIP Goods started and completed in month total cost of goods transferred out Focus Mode Work in Process-ending Costs in current dept Materials Labor total wip total costs accounted forStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started