Question: P3.6 (LO 3, 4), AP Hamilton Processing Ltd. uses a weighted-average process cost system and manufactures a single product -an industrial carpet shampoo and cleaner


P3.6 (LO 3, 4), AP Hamilton Processing Ltd. uses a weighted-average process cost system and manufactures a single product -an industrial carpet shampoo and cleaner used by many universities. The manufacturing activity for the month of October has just been completed. A partially completed production cost report for the month of October for the Mixing and Cooking Department is shown as follows. Hamilton Processing Ltd. Mixing and Cooking Department Production Cost Report For the Month Ended October 31 a. Prepare a schedule that shows how the equivalent units were computed so that you can complete the "Quantities: Units accounted for" equivalent units section shown in the production cost report, and compute October unit costs. b. Complete the "Cost Reconciliation Schedule" part of the production cost report. E3.10 (LQ 3,4)AD Overton Machinery has gathered the following information. Instructions a. Compute equivalent units of production for materials and for conversion costs. b. Determine the unit costs of production. c. Show the assignment of costs to units transferred out and in process
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