Cate Company manufactures plastic hats. The monthly production report for August 2016 follows: INSTRUCTIONS Prepare the equivalent
Question:
INSTRUCTIONS
Prepare the equivalent production computations for each department.
Analyze:
What portion of materials was added in August in the assembly department's ending work in process inventory?
Transcribed Image Text:
Cate Company Monthly Production Report for August 2016 Molding Department Assembly Department Finishing Department Quantities Started in production-current month Transferred in from prior department Transferred out to next department Transferred out to finished goods Work in process-ending Stage of Completion- 6,000 5,500 500 5,500 5,300 5,300 5,100 200 200 ding Work in Process 100% 90 90 100% 70 70 100% 50 50 Labor
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Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
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