Question
Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production
Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making two products in two different manufacturing plants are as follows.
| Cutting Department | ||||
| Production DataJuly | Plant 1 T12-Tables | Plant 2 C10-Chairs | ||
| Work in process units, July 1 | 0 | 0 | ||
| Units started into production | 24,800 | 19,840 | ||
| Work in process units, July 31 | 3,720 | 620 | ||
| Work in process percent complete | 60 | 80 | ||
| Cost DataJuly | ||||
| Work in process, July 1 | $0 | $0 | ||
| Materials | 471,200 | 357,120 | ||
| Labor | 290,656 | 136,400 | ||
| Overhead | 128,960 | 129,952 | ||
| Total | $890,816 | $623,472 | ||
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Cloud Security Auditing
Authors: Suryadipta Majumdar, Taous Madi, Yushun Wang, Azadeh Tabiban, Momen Oqaily, Amir Alimohammadifar, Yosr Jarraya, Makan Pourzandi, Lingyu Wang, Mourad Debbabi
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3030231305, 978-3030231309
