The Sanding Department of Wildhorse Furniture Company has the following production and manufacturing cost data for...
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The Sanding Department of Wildhorse Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation. Production: 6,600 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $31,680; labor $20,700; overhead $35,460. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.) WILDHORSE FURNITURE COMPANY Sanding Department Production Cost Report Physical Quantities Units Materials Units to be accounted for Work in process, March 1 Started into production Total units Units accounted for Transferred out Work in process, March 31 Total units Costs Unit costs Total Costs Equivalent units Unit costs Costs to be accounted for Work in process, March 1 Started into production Total costs $ Materials Equivalent Units Conversion Costs $ $ $ Conversion Costs $ $ $ Total The Sanding Department of Wildhorse Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation. Production: 6,600 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $31,680; labor $20,700; overhead $35,460. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.) WILDHORSE FURNITURE COMPANY Sanding Department Production Cost Report Physical Quantities Units Materials Units to be accounted for Work in process, March 1 Started into production Total units Units accounted for Transferred out Work in process, March 31 Total units Costs Unit costs Total Costs Equivalent units Unit costs Costs to be accounted for Work in process, March 1 Started into production Total costs $ Materials Equivalent Units Conversion Costs $ $ $ Conversion Costs $ $ $ Total
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Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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