Determine the cost of the ending work in process inventory for the Mixing Department for materials, labor,
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Question:
Determine the cost of the ending work in process inventory for the Mixing Department
for materials, labor, overhead, and total for May. Also, calculate the cost of the completed
units transferred to the next department for materials, labor, overhead, and total for May.
Additional information for production in the Mixing Department during May is provided
below:
Production data:
Units liters in process, May :
materials complete; labor and overhead complete $
Units liters started into production during May $
Units liters completed and transferred to the Packaging Department
$
Units liters in process, May :
materials complete; labor and overhead complete $
Cost data:
Work in process inventory, May :
Materials $
Labor $
Overhead $
Total cost of work in process inventory $
Cost added during May:
Materials $
Labor $
Overhead $
Total cost added during May $
Prepare a cost reconciliation report for May.
Related Book For
ISE Introduction To Managerial Accounting
ISBN: 9781260091755
8th Edition
Authors: Peter Brewer, Ray Garrison, Eric Noreen
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