Question

Marion Chemicals produces a chemical used as a base in paints. In the manufacturing process, all materials are added at the start of the process, whereas labor and overhead are added evenly throughout production.

Required
Fill in the missing information in Marion’s Production Cost Report for the month of December.
Marion Chemicals
Production Cost Report
December 2011
Unit Reconciliation
Units in beginning WIP (100% material, 10% conversion costs) ...... 8,000
Units started during December ................... ?
Units to account for ........................ ?
Units completed .......................... ?
Units in ending WIP (100% material, 20% conversion costs) ....... 4,000
Units accounted for ........................ ?


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  • CreatedSeptember 13, 2013
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