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Using this form Production Cost Report for Process Costing The Molding Department of the Magic Spinning Frisbee Manufacturing Company has the following production and manufacturing

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Using this form
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Production Cost Report for Process Costing The Molding Department of the Magic Spinning Frisbee Manufacturing Company has the following production and manufacturing cost data for October. 100% of materials are entered at the beginning of the process. Production Data: Beginning inventory 25,000 units, transferred out 65,000 units, ending inventory 17,500 units 55% complete as to conversion costs. Manufacturing Costs: Beginning inventory costs: $29,000 of materials and $53,000 of conversion costs; added in Molding during October: materials $589,700, and conversion costs $693,975. Round to the tenth place. Question 18 ( 28 points) Prepare the Production Cost report for the Molding Department for the month of October. Advertising Wages for workers on the assembly line Fabric used to cover the chairs. Lumber used for rocking chairs Labor costs of product 1. Direct Materials quality inspectors 2. Direct Labor Ear protection used by factory workers running 3. Manufacturing Overhead table saws and sanders. 4. Non-Manufacturing Costs (Period Rent on factory building Costs) Depreciation on sales manager's office equipment. Wages for factory maintenance workers. Factory manager's salary

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