Compute unit costs and prepare a cost reconciliation schedule
E3-6 The Cutting Department of Thakur Manufacturing has the following production and cost data for July.
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Production                                                Costs
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1.  Transferred out 9,000 units.                  Beginning work in process $ –0–
2.  Started 3,000 units that are 60%         Materials                                      45,000
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complete as to  conversion
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Labor
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16,200
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costs and 100% complete  as
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Manufacturing overhead
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18,900
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to materials at July 31.
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Materials are entered at the beginning of the process. Conversion costs are incurred uni- formly during the  process.
Instructions
(a)Â Â Determine the equivalent units of production for (1) materials and (2) conversion costs.
(b)Â Â Compute unit costs and prepare a cost reconciliation schedule.
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Answers
Status NEW
Posted 24 May 2017 08:05 AM
My Price 9.00
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Attachments
file 1495613047-1313395_1_636311510765905493_equivalent-production-Report-.xlsx preview (280 words )
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