Procedural Cost

The comparison is between Procedural cost & Cost by orders

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 55% complete. Other important information is disclosed below Initial inventory of goods in process 1,300 units Units started during the period 3,200 units Units completed during the period 3,600 units Conversion Costs $650,000 Direct materials used $270,000 Starting inventory costs Materials $125,000 Conversion $ 160,000 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)