Maurice Tutor

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Category > Accounting Posted 19 Aug 2017 My Price 9.00

Dalton Carpet Company

Cost of production report: average cost method

 

Prepare a cost of production report for the Cutting Department of Dalton Carpet Company for January 2016. Use the average cost method with the following data:

 

 

 

Work in process, January 1, 3,400 units, 75% completed                                                                                          $  23,000

 

Materials added during January from Weaving Department, 64,000  units                                                      366,200

 

Direct labor for January                                                                                                                                                                          105,100

 

Factory overhead for January                                                                                                                                                                80,710

 

Goods finished during January (includes goods in process, January 1), 63,500 units                                            — Work in process, January 31, 3,900 units, 10% completed                                                                                                                                                                                                         —

 

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Maurice Tutor
(5)
Status NEW Posted 19 Aug 2017 11:08 PM My Price 9.00

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