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Prepare a production cost report for The Bottling department for the month of June?

Prepare a production cost report for The Bottling department for the month of June?

FINANCIAL ACCOUNTING
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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Please provide answer in text (Without image), use weighted Average method
The Bottling department of Soft Drink Company has the following production and manufacturing cost data for June 2022. All materials are added at the beginning of the process. Manufacturing Costs Beginning work in process Materials Conversion Costs Total Cost of beginning work in process Cost Incurred During Production in June Materials Labor Overhead Total cost incurred during production in June Production Data Beginning work in process Units started Units transferred out Ending work in process 17,500 units 48,500 53,000 9,500 1/5 complete $22,000 16,250 $38,250 202,000 71,125 59875 $333,000 Prepare a production cost report for The Bottling department for the month of June? (You can use Microsoft Excel when solving the above problem.)
Transcribed Image Text:The Bottling department of Soft Drink Company has the following production and manufacturing cost data for June 2022. All materials are added at the beginning of the process. Manufacturing Costs Beginning work in process Materials Conversion Costs Total Cost of beginning work in process Cost Incurred During Production in June Materials Labor Overhead Total cost incurred during production in June Production Data Beginning work in process Units started Units transferred out Ending work in process 17,500 units 48,500 53,000 9,500 1/5 complete $22,000 16,250 $38,250 202,000 71,125 59875 $333,000 Prepare a production cost report for The Bottling department for the month of June? (You can use Microsoft Excel when solving the above problem.)
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