Department II of Kamanyang Mfg. Co. adds materials at the start of the process. The following pertains to its production for April, 19F: Quantity data: In process, April 1.....................................................12,000 units, 1/3 done In process, April 30.................................................. 15,000 units, 2/5 done Transferred in............................................................. 55,000 units Cost data: Factory cost, April: Materials............................................................... 110,200 Labor...................................................................... 27,550 Factory overhead.............................................. 33,035 Work in process, April 1: Transferred in.................................................... 12,110 Cost in this department: Materials....................................................... 23,800 Labor.............................................................. 1,450 Factory overhead...................................... 1,765 Transferred in this month................................... 55,560 Prepare a Cost of production report using the average method.
Department II of Kamanyang Mfg. Co. adds materials at the start of the process. The following pertains to its production for April, 19F:
Quantity data:
In process, April 1.....................................................12,000 units, 1/3 done
In process, April 30.................................................. 15,000 units, 2/5 done
Transferred in............................................................. 55,000 units
Cost data:
Materials............................................................... 110,200
Labor...................................................................... 27,550
Factory
Work in process, April 1:
Transferred in.................................................... 12,110
Cost in this department:
Materials....................................................... 23,800
Labor.............................................................. 1,450
Factory overhead...................................... 1,765
Transferred in this month................................... 55,560
Prepare a Cost of production report using the average method.
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 3 images
