The assembly department of Charles Manufacturing Company reported the following data for the month of August: Required:
Question:
The assembly department of Charles Manufacturing Company reported the following data for the month of August:
Required:
Prepare the production cost report for the assembly department. (Note: The prior department's manufacturing costs should be included in this department's production costreport.)
Transcribed Image Text:
Units Costs Beginning inventory (75% complete). Units transferred from prior department Ending inventory (50% complete). Cost of beginning inventory (prior department, $18,300; assembly materials, $11,250; assembly conversion, $12,375) Cost transferred in from prior department. of materials used in assembly department Conversion costs for August in assembly department Total cost. 22,500 4,500 S 41,925 135,000 67,500 117,600 $362,025
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Charles Manufacturing Company Assembly Department Production Cost Report For the Month of August Equivalent Units of Production Direct Mat and Prior Dept Costs Conversion Costs Physical Percent Equiva...View the full answer
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Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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