The sanding department of Hanninen Furniture Company has the following production and manufacturing cost data for March

Question:

The sanding department of Hanninen Furniture Company has the following production and manufacturing cost data for March 2016, the first month of operation.

Production: 11,000 units finished and transferred out; 4,000 units started that are 100% complete in terms of materials and 25% complete in terms of conversion costs.

Manufacturing costs: materials $48,000; labour $42,000; overhead $36,000.

Instructions

Prepare a production cost report.

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Related Book For  book-img-for-question

Managerial Accounting Tools for Business Decision Making

ISBN: 978-1118033890

3rd Canadian edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly

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