The Nesting Company manufactures birdhouses in a single manufacturing process. The following information has been provided...
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The Nesting Company manufactures birdhouses in a single manufacturing process. The following information has been provided by Nesting Company: O units Work in process inventory, Jan. 1 |Units started in production Work in process inventory, Dec. 31 Production costs: Direct materials Direct labor Manufacturing overhead 14,000 units 5,000 units $38,500 $13,975 $8,600 The ending work in process was 100% complete with respect to direct materials and 35% complete with respect to conversion costs. Problem 16-2 P (Physical Units) Secondary (transferred to) Finished Goods Primary WIP - (units) Assembly WIP - (costs) Assembly E [Equivalent Units) DM CC C (Costs) U (Unit Costs) A (Assignment of Costs) DM CC FG (trans out) WIP The Nesting Company manufactures birdhouses in a single manufacturing process. The following information has been provided by Nesting Company: O units Work in process inventory, Jan. 1 |Units started in production Work in process inventory, Dec. 31 Production costs: Direct materials Direct labor Manufacturing overhead 14,000 units 5,000 units $38,500 $13,975 $8,600 The ending work in process was 100% complete with respect to direct materials and 35% complete with respect to conversion costs. Problem 16-2 P (Physical Units) Secondary (transferred to) Finished Goods Primary WIP - (units) Assembly WIP - (costs) Assembly E [Equivalent Units) DM CC C (Costs) U (Unit Costs) A (Assignment of Costs) DM CC FG (trans out) WIP
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WIP UNITS Added to Production 14000 Transfered Out 9000 Closin... View the full answer
Related Book For
Accounting Business Reporting for Decision Making
ISBN: 9780730302414
4th edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
Posted Date:
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