Planned costs of product A - 150000 Planned costs of product B - 250000 Real costs of product A - 120000 Real costs of product B - 240000 \At the end of the month, when the full production cost of production is formed on the account Production process Dr Finished products. A Cr Production process. A- ? Please be more careful wit + /- (in case of storno)
Planned costs of product A - 150000 Planned costs of product B - 250000 Real costs of product A - 120000 Real costs of product B - 240000 \At the end of the month, when the full production cost of production is formed on the account Production process Dr Finished products. A Cr Production process. A- ? Please be more careful wit + /- (in case of storno)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 32P: Refer to the data in Problem 6.31. Assume that the FIFO method is used. Required: 1. Prepare a...
Related questions
Question
![Planned costs of product A - 150000
Planned costs of product B - 250000
Real costs of product A - 120000
Real costs of product B - 240000
\At the end of the month, when the full production cost of production is formed on the account Production process
Dr Finished products. A
Cr Production process. A - ?
Please be more careful wit + / - (in case of storno)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb1426004-0ad6-48d6-9ffb-3c170d243421%2Fa3ca6da1-da40-47b0-a6c8-0fedf12450ff%2Fh5j4ds_processed.png&w=3840&q=75)
Transcribed Image Text:Planned costs of product A - 150000
Planned costs of product B - 250000
Real costs of product A - 120000
Real costs of product B - 240000
\At the end of the month, when the full production cost of production is formed on the account Production process
Dr Finished products. A
Cr Production process. A - ?
Please be more careful wit + / - (in case of storno)
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
![Principles of Cost Accounting](https://www.bartleby.com/isbn_cover_images/9781305087408/9781305087408_smallCoverImage.gif)
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
![Principles of Cost Accounting](https://www.bartleby.com/isbn_cover_images/9781305087408/9781305087408_smallCoverImage.gif)
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College