Problem Solving 1 The following data were taken from the books of MrRon Co. for the month of September Units Department 1 Department 2 Department 3 Total Started 80,000 Completed and transferred 75,000 55,000 50,000 In process, end 5,000 20,000 5,000 Stage of completion 70% 55% 90% Cost Materials 600,000 261,300 52,250 913,550 Labor 353,250 242,880 40,330 636,460 Overhead 117,750 73,260 17,440 208,450 1,758,460 Dept 1 Materials are added at the beg of the process Dept 2 Materials are added 20% at the beg of the process, 40% at 50% stage of completion and the remaining is at the end of the process Dept 3 Materials are added 50% at the beg and 50% at the 70% stage of completion Prepare for a statement of Cost of Goods manufactured