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Category > Accounting Posted 29 Jul 2017 My Price 8.00

Cutting Department of Thakur Manufacturing

E3-6 The Cutting Department of Thakur Manufacturing has the following production and cost data for July.

 

 

Production                                                 Costs

 

                              

1.   Transferred out 9,000 units.                   Beginning work in process $ –0–

2.   Started 3,000 units that are 60%          Materials                                       45,000

 

 

complete as to  conversion

Labor

16,200

costs and 100% complete  as

Manufacturing overhead

18,900

to materials at July 31.

 

 

 

 

 

Materials are entered at the beginning of the process. Conversion costs are incurred uni- formly during the  process.

Instructions

(a)   Determine the equivalent units of production for (1) materials and (2) conversion costs.

(b)   Compute unit costs and prepare a cost reconciliation schedule.

Answers

Maurice Tutor
(5)
Status NEW Posted 29 Jul 2017 01:07 PM My Price 8.00

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