Question: Please provide an original solution explaining each step and calculation. Please di not copy from Chegg else I have to report Oregon Paper Company produces

Please provide an original solution explaining each step and calculation. Please di not copy from Chegg else I have to report

Oregon Paper Company produces newsprint paper through a special recycling process using scrap paper products Production and cost data for October 2012, the first month of operations for the company's new Portland plant, follow:

Units of the product started in process during October 90,000 tons
Units completed and transferred to finished goods 75,000 tons
Machine hours operated 10,000
Direct materials costs incurred $486,000
Direct labor costs incurred $190,530

Raw materials are added at the beginning of the process for each unit of product produced, and labor and manufacturing overhead are added evenly throughout the manufacturing process. Manufacturing overhead is applied to Work-in-Process at the rate of $24 per machine hour. Units in process at the end of the period were 65 percent converted.

Prepare a cost of production report for Oregon Paper Company for October.

Please provide an original solution explaining each step and calculation. Please di not copy from Chegg else I have to report

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