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The X Company makes a single product in three producing departments. Cost and production data for September are: Cost data: Materials.. Labor.. Factory overhead. Dept.
The X Company makes a single product in three producing departments. Cost and production data for September are: Cost data: Materials.. Labor.. Factory overhead. Dept. Dept. No. 1001 No. 1002 Dept. No. 1003 $12,250 14,570 $18,655 $ 8,100 14,100 16,400 19,800 Production data: Units started or received from preceding dept.. 100,000 90,000 80,000 Units completed and transferred or shipped.... 90,000 80,000 70,000 Units in process 9/30.... 8,000 6,000 8,000 Stage of completion of closing inventory: 100% 50% 3313% 25% Materials.. Labor+factory overhead Required: (1) A schedule of equivalent production for each department. (2) A cost of production report with quantity schedule
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