Question

Cost and production data for King-Size Products Inc. follow:


During the month, 850 units were sold at $60 each.

Required:
1. Make general journal entries to record all transactions and variances. Use the two variance method for overhead variance analysis. units and the variances for materials, labor, and factory overhead.)
2. Prove the ending balances of Work in Process in both departments.
3. Prove that all costs have been accountedfor.


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  • CreatedMay 05, 2014
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