Can I get answer from melarcode? Only melarcode answered me correctly last time no any other anonymous.

Given the following information, prepare a cost of production report for Department B for July.

John Chemicals manufactures its products in two departments [A and B]. Data for Department B is listed below:

Units transferred from Department A...................................40,000

Per unit cost.........................................................................$3.20

Units transferred to finished goods......................................26,000

Units still in process [1/3 complete].......................................6000

Costs added by Department B:

Labor...............................................................................$31,500

Factory overhead..............................................................$23,100

All lost units are considered to be normal. Don't forget our per unit rounding rule.

Problem must be solved by the example below so use this:

Department B
Cost of Production Report
For the month of June
Quantity Schedule:
Units received from Department A		40000
Units transferred to finished goods	34000
Units still in process (1/4 labor & FOH)	4000
Units lost in process	2000	40000
Costs charged to Department B:	Total Cost	Unit Cost
Costs transferred from Depatment A	114000	2.85
Costs added by the Department:
Labor	32900	0.94
Factory Overhead	22400	0.64
Total cost added	55300	1.58
Adjusted for lost units		0.15
Total costs to be accounted for	169300	4.58

Costs accounted for as follows:	`
Transferred to Finished goods
(34000*4.58)		155720
Work in process - ending inventory
Adjusted cost from preceding dept
(4000*2.85+0.15)	12000
Labor - 4000*1/4*0.94	940
FOH - 4000*1/4*0.64	640	13580
Total costs to be accounted for		169300