Carbata Company manufactures low-cost, basic tool kits in bulk. Below is the latest information for last...
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Carbata Company manufactures low-cost, basic tool kits in bulk. Below is the latest information for last month's production. Inventory on September 1 % Complete Units Started Costs Added in September Inventory on September 30 % Complete Step 1: Account for all Units Beginning Inventory Units Started Units to Account for Units Ending Inventory Units Completed and Transferred Units to Account for 3,150 950 $ Units 1,200 Materials Cost Conversion Cost 5,550 $ 2,354 60% 950 3,150 4,100 1,200 2,900 1,700 $ Required: Use the information above to complete a Process Costing Production Report under the Weighed Average Assumption. 28,940 $ 80% 30% 8,156 60% Carbata Company manufactures low-cost, basic tool kits in bulk. Below is the latest information for last month's production. Inventory on September 1 % Complete Units Started Costs Added in September Inventory on September 30 % Complete Step 1: Account for all Units Beginning Inventory Units Started Units to Account for Units Ending Inventory Units Completed and Transferred Units to Account for 3,150 950 $ Units 1,200 Materials Cost Conversion Cost 5,550 $ 2,354 60% 950 3,150 4,100 1,200 2,900 1,700 $ Required: Use the information above to complete a Process Costing Production Report under the Weighed Average Assumption. 28,940 $ 80% 30% 8,156 60%
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Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
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