The welding department of Balogh Manufacturing Company has the following production and manufacturing cost data for February
Question:
The welding department of Balogh Manufacturing Company has the following production and manufacturing cost data for February 2022. All direct materials are added at the beginning of the process.
Instructions
Prepare a production cost report for the welding department for the month of February.
Transcribed Image Text:
Manufacturing Costs Beginning work in process inventory Direct materials Conversion costs Costs added during month Direct materials Direct labour Manufacturing overhead Production Data Beginning work in process inventory $18,000 14,175 $32,175 Units completed and transferred out 180,000 Units started in production 52,380 Ending work in process inventory 61,445 15,000 units 10% complete 49,000 45,000 11,000 units 20% complete
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Managerial Accounting Tools For Business Decision Making
ISBN: 9781119731825
6th Canadian Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Ibrahim M. Aly, Donald E. Kieso
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