Question: Score Problem (10 points). REQUIRED: (1) MANAGERIAL ACCOUNTING HANDOUT PROBLEM 5 (2) Name The Huckleberry Company assembles headphones in a one process operation. Huckleberry combines








HUCKLEBERRY COMPANY DATA FOR MANUFACTURING OPERATIONS USING PROCESS COSTING FOR MONTH OF MAY Prepare cost of production reports for a company that uses process costing, using both the weighted average cost and the methods. HUCKLEBERRY COMPANY COST SUMMARY SCHEDULE AVERAGE COST METHOD FOR MONTH OF MAY The Huckleberry Company assembles headphones in a one process operation. Huckleberry combines direct labor and manufacturing overhead into conversion costs. Data for the month of May is attached. 120,000 units were started into production during the month of May. REQUIRED: (1) Using the attached forms, prepare a cost of production report for the month of May using the average cost method. Round all costs per unit to five decimal places and all other dollar amounts to the nearest whole dollar. (2) Using the attached forms, prepare a cost of production report for the month of May using the FIFO method. Round all costs per unit to five decimal places and all other dollar amounts to the nearest whole dollar
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