Question: Question (10 marks) Good Robin Company utilizes process costing for its main product, flour. Data relating to flour processed in Department 2, Sifting, during December

Question (10 marks) Good Robin Company utilizes process costing for its

Question (10 marks) Good Robin Company utilizes process costing for its main product, flour. Data relating to flour processed in Department 2, Sifting, during December are presented as follows: Pounds of Percentage Flour Complete* Work in Process, December 1 50,000 Started into Processing during December 100,000 60,000 30% Work in Process, December 31 *relates to conversion costs and thus units are fully complete Question (10 marks) Good Robin Company utilizes process costing for its main product, flour. Data relating to flour processed in Department 2, Sifting, during December are presented as follows: Pounds of Percentage Flour Complete* Work in Process, December 1 50,000 Started into Processing during December 100,000 60,000 30% Work in Process, December 31 *relates to conversion costs and thus units are fully complete

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