Snowflake Flour Company manufactures flour by a series of three processes, beginning in the Milling Department. From
Question:
The balance in the account Work in Process—Sifting Department was as follows on July 1, 2008:
Work in Process—Sifting Department (19,600 units, 75% completed) . $66,000
The following costs were charged to Work in Process—Sifting Department during July:
Direct materials transferred from Milling Department: 426,800 units . $1,435,000
Direct labor ......................... 375,925
Factory overhead ....................... 118,900
During July, 429,700 units of flour were completed. Work in Process—Sifting Department on July 31 was 16,700 units, 25% completed.
Instructions
Prepare a cost of production report for the Sifting Department for July, using the average cost method.
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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