Manzer Inc. manufactures bicycle frames in two departments: cutting and welding. Manzer uses the weighted average method.
Question:
Manzer Inc. manufactures bicycle frames in two departments: cutting and welding. Manzer uses the weighted average method. Manufacturing costs are added uniformly throughout the process. The following are cost and production data for the cutting department for October:
Production:
Units in process, October 1, 40% complete.........................4,000
Units completed and transferred out...............................27,200
Units in process, October 31, 60% complete........................8,000
Costs:
WIP, October 1......................................................$ 32,000
Costs added during October........................................608,000
Required:
Prepare a production report for the cutting department.
Step by Step Answer:
Manzer Inc Cutting Department Production Report For the Month of October Weighted Aver...View the full answer
Managerial Accounting The Cornerstone of Business Decision Making
ISBN: 978-1337115773
7th edition
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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