Production data junebeginning wip units 0units started into, Ask an Expert

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Production Data June

Beginning WIP units 0

Units Started into Production 22,000

Ending WIP 2,000

Percent Complete- ending inventory 40%

Cost Data

Materials 198,000

Labor 53,600

Overhead 112,800

Total 364,400

a) Prepare a schedule showing physical units of production

b) Determine the equivalent units of production for materials and conversion costs

c) Compute the unit costs of production

d) Determine the costs to be assigned to the units transferred and in process for june

e) Prepare a production cost report for the molding department for the month of June

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9969402

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