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The Assembly Department of Monty Company has the following production and cost data at the end of May, 2022, its first period of operations. 29,400
The Assembly Department of Monty Company has the following production and cost data at the end of May, 2022, its first period of operations. 29,400 units started into production; 24,500 units completed and transferred out and 4,900 units 100% completed as to materials and 40% completed as to corversion costs. Materials added at beginning of process, $94,080; labor, $73,500; overhead $58,800. Prepare a production cost report for the month of May using weighted-average process costing. (Do not leave any answer field blank. MONTY COMPANY Assembly Department-Production Cost Report For the Month Ended May 31, 2022 Equivalent Units of Production Physical Units Conversion Costs The Assembly Department of Monty Company has the following production and cost data at the end of May, 2022, its first period of operations. 29,400 units started into production; 24,500 units completed and transferred out and 4,900 units 100% completed as to materials and 40% completed as to corversion costs. Materials added at beginning of process, $94,080; labor, $73,500; overhead $58,800. Prepare a production cost report for the month of May using weighted-average process costing. (Do not leave any answer field blank. MONTY COMPANY Assembly Department-Production Cost Report For the Month Ended May 31, 2022 Equivalent Units of Production Physical Units Conversion Costs
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