Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

X Macmillan Launchpad Login Microsoft Teams 2 Online teachinx Mal-christian lane - Outlook ignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Calculator Austin Company manufactures a product called Aster in a three-process

image text in transcribed
X Macmillan Launchpad Login Microsoft Teams 2 Online teachinx Mal-christian lane - Outlook ignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Calculator Austin Company manufactures a product called Aster in a three-process series. All materials are introduced at the beginning of the first process, Austin uses the first-in, first-out method of Inventory costing, Unit and cost data for the first prootos (Department A) for the month of December follow: Units Completion Cost 60% $140,400 Work in process inventory: December 1 December 31 Started in December: Direct materials cost Conversion cost Completed in December 12,000 5,000 14,000 40% 106,400 70,310 21,000 2 Prepare Austin's Department A cost of production report for December Round your com per ecuivalent unit amounts to two decimal places. Round all other amounts to the nearest dollar. If an amount value is rero enter to as answer Austin Company Cost of Production Report-Department A For the Month Ended December 31 Wait Information Un charged to production Inventory in proces, December 1 Weceived from the Storm X Macmillan Launchpad Login Microsoft Teams 2 Online teachinx Mal-christian lane - Outlook ignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Calculator Austin Company manufactures a product called Aster in a three-process series. All materials are introduced at the beginning of the first process, Austin uses the first-in, first-out method of Inventory costing, Unit and cost data for the first prootos (Department A) for the month of December follow: Units Completion Cost 60% $140,400 Work in process inventory: December 1 December 31 Started in December: Direct materials cost Conversion cost Completed in December 12,000 5,000 14,000 40% 106,400 70,310 21,000 2 Prepare Austin's Department A cost of production report for December Round your com per ecuivalent unit amounts to two decimal places. Round all other amounts to the nearest dollar. If an amount value is rero enter to as answer Austin Company Cost of Production Report-Department A For the Month Ended December 31 Wait Information Un charged to production Inventory in proces, December 1 Weceived from the Storm

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

10. What is an odds ratio?

Answered: 1 week ago

Question

What are the determinants of cash cycle ? Explain

Answered: 1 week ago