Alcanza Corp adds the materials early in its production process and adds them evenly to the conversion costs. At the beginning of June 20xx, the inventory in process was 25% complete; at the end of the month it was 60% complete. Other important information is disclosed below:

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Initial inventory of goods in process Units started during the period Units completed during the period Conversion Costs Direct materials used Starting inventory costs Materials 1,300 units 3,200 ynits 3,600 units $650,000 $270,000 $125,000 $ 160,000 Conversion Required: Prepare the cost report for the month of June 20xx 1- Compare and contrast the accounting according to both methods (establishes two similarities and two differences). 2. Establish in which of the cost systems it is more practical to do a cost-benefit analysis and in which to apply a cost per volume analysis (use the textbook and the presentation of module 2 as a basis for answering). Initial inventory of goods in process Units started during the period Units completed during the period Conversion Costs Direct materials used Starting inventory costs Materials 1,300 units 3,200 ynits 3,600 units $650,000 $270,000 $125,000 $ 160,000 Conversion Required: Prepare the cost report for the month of June 20xx 1- Compare and contrast the accounting according to both methods (establishes two similarities and two differences). 2. Establish in which of the cost systems it is more practical to do a cost-benefit analysis and in which to apply a cost per volume analysis (use the textbook and the presentation of module 2 as a basis for answering). Initial inventory of goods in process Units started during the period Units completed during the period Conversion Costs Direct materials used Starting inventory costs Materials 1,300 units 3,200 ynits 3,600 units $650,000 $270,000 $125,000 $ 160,000 Conversion Required: Prepare the cost report for the month of June 20xx 1- Compare and contrast the accounting according to both methods (establishes two similarities and two differences). 2. Establish in which of the cost systems it is more practical to do a cost-benefit analysis and in which to apply a cost per volume analysis (use the textbook and the presentation of module 2 as a basis for answering). Initial inventory of goods in process Units started during the period Units completed during the period Conversion Costs Direct materials used Starting inventory costs Materials 1,300 units 3,200 ynits 3,600 units $650,000 $270,000 $125,000 $ 160,000 Conversion Required: Prepare the cost report for the month of June 20xx 1- Compare and contrast the accounting according to both methods (establishes two similarities and two differences). 2. Establish in which of the cost systems it is more practical to do a cost-benefit analysis and in which to apply a cost per volume analysis (use the textbook and the presentation of module 2 as a basis for answering).

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Alcanza Corp Production Cost Report Weighted Average Cost Method For the Month of June Equivalent Un... View the full answer