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production report.

production report.

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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Prepare the production report. (round your numbers)

. ABC Company manufactures a product which goes through one process only. The product costs and the data given below relate to the recent period; Beg. WIP... 6,375 units Direct Material cost... Conversion cost... .$ 7,605 $ 4,365 During Period: 91,950 units $ 110,350 Direct Lab. Cost added... . $ 36,950 Manuf. Overh. Cost applied... $ 47,065 Units started.... Direct Mat. cost added.. End. WIP... 5,100 units 100% completed 50% completed Direct Material.. Conversion..... Prepare the production report. (round your numbers)
Transcribed Image Text:. ABC Company manufactures a product which goes through one process only. The product costs and the data given below relate to the recent period; Beg. WIP... 6,375 units Direct Material cost... Conversion cost... .$ 7,605 $ 4,365 During Period: 91,950 units $ 110,350 Direct Lab. Cost added... . $ 36,950 Manuf. Overh. Cost applied... $ 47,065 Units started.... Direct Mat. cost added.. End. WIP... 5,100 units 100% completed 50% completed Direct Material.. Conversion..... Prepare the production report. (round your numbers)
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