The Sanding Department of Richards Furniture Company has the following production and manufacturing cost data for March

Question:

The Sanding Department of Richards Furniture Company has the following production and manufacturing cost data for March 2012, the first month of operation. Production: 9,000 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 $33,000; labor $24,000; overhead $36,000.

Instructions
Prepare a production cost report.

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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