PROBLEM A The following information is available for Kennedy Company for March. All materials are added...
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PROBLEM A The following information is available for Kennedy Company for March. All materials are added at the start of production. Beginning Work in Process: (80% complete) Started 8,000 units 35,000 units Normal spoilage (end) 6,000 units Abnormal spoilage (end) 2,500 units Ending Work in Process: (55% complete) 15,000 units Transferred out Beginning Work in Process Costs: Material Conversion Current Costs: Material Conversion Total Costs Required: Prepare a cost of production report for March using WAM. Answer the following questions: 19,500 units $ 14,750 45,000 50,000 181,875 $291,625 PROBLEM A The following information is available for Kennedy Company for March. All materials are added at the start of production. Beginning Work in Process: (80% complete) Started 8,000 units 35,000 units Normal spoilage (end) 6,000 units Abnormal spoilage (end) 2,500 units Ending Work in Process: (55% complete) 15,000 units Transferred out Beginning Work in Process Costs: Material Conversion Current Costs: Material Conversion Total Costs Required: Prepare a cost of production report for March using WAM. Answer the following questions: 19,500 units $ 14,750 45,000 50,000 181,875 $291,625
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