Octavia Corp.'s products are manufactured in three separate departments: Molding, Curing, and Finishing. Materials are introduced in

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Octavia Corp.'s products are manufactured in three separate departments: Molding, Curing, and Finishing. Materials are introduced in Molding; additional material is added in Curing. The following information is available for the Curing Department for May 2010:


Beginning WIP Inventory (degree of completion: transferred in,

100%; direct material, 80%; direct labor, 40%; overhead, 30%) ...8,000 units

Transferred in from Molding .................... 40,000 units

Ending WIP Inventory (degree of completion: transferred in, 100%;

direct material, 70%; direct labor, 50%; overhead, 40%) ........4,000 units

Transferred to Finishing


Octavia Corp.'s products are manufactured in three separate depa


Prepare, in good form, a weighted average cost of production report for the Curing Department for May2010.

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Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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