The Assembly Department of Fly High Drone Company has the following production and cost data at...
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The Assembly Department of Fly High Drone Company has the following production and cost data at the end of March, 2021. Production: 21,800 units started into production; 19,500 units transferred out and 2,300 units 100% completed as to materials and 70% completed as to conversion costs. Manufacturing Costs: Materials added at beginning of process, $65,910; Labor, $71,800; Overhead $42,960. Instructions Prepare a production cost report for the Fly High Drone Company for the month of March 2021. The Assembly Department of Fly High Drone Company has the following production and cost data at the end of March, 2021. Production: 21,800 units started into production; 19,500 units transferred out and 2,300 units 100% completed as to materials and 70% completed as to conversion costs. Manufacturing Costs: Materials added at beginning of process, $65,910; Labor, $71,800; Overhead $42,960. Instructions Prepare a production cost report for the Fly High Drone Company for the month of March 2021.
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