Direct materials added during month JD 70,800 Direct manufacturing labor during month JD 37,400 Beginning work in process was half complete as to conversion. Direct materials are added at the beginning of the process. Factory overhead is applied at a rate equal to 50% of direct manufacturing labor. Ending work in process was 60% complete. All spoilage is normal and is detected at end of the process. Required: Prepare a production cost worksheet if spoilage is recognized and the weighted- average method is used.

Direct materials added during month JD 70,800 Direct manufacturing labor during month JD 37,400 Beginning work in process was half complete as to conversion. Direct materials are added at the beginning of the process. Factory overhead is applied at a rate equal to 50% of direct manufacturing labor. Ending work in process was 60% complete. All spoilage is normal and is detected at end of the process. Required: Prepare a production cost worksheet if spoilage is recognized and the weighted- average method is used.

Name: Direct materials added duringmonthJD70,800Direct manufacturing labord
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Description: Direct materials added duringmonthJD70,800Direct manufacturing laborduring month37,400JDBeginning work in process washalf complete as to conversion.Direct materials are added at thebeginning of the process. Factoryoverhead is applied at a rateequal

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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