- Production Report No Beginning Inventory Softkin Company Manufactures Sun Protection Lotion The Mixing Department The 1 (85.01 KiB) Viewed 61 times
Production Report, No Beginning Inventory Softkin
Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year: Work in process, January 1 Gallons started Gallons transferred out Direct materials cost Direct labor cost Overhead applied Units to account for: Direct materials are added at the beginning of the process. Ending inventory is 80 percent complete with respect to direct labor and overhead. Unit Information 550,000 Required: Prepare a production report for the Mixing Department for the current year. If an amount is zero, enter "0". Softkin
Company Mixing Department Production Report for Current Year Total units to account for Units accounted for: 462,000 $1,650,000 Physical $2,555,520 $3,833,280 Equivalent Units Direct Conversion
Units accounted for: Total units accounted for Work completed Costs to account for: Cost Information Total costs to account for $ Cost per equivalent unit Costs accounted for: Physical Flow Total costs accounted for Direct Materials Equivalent Units Direct Materials Conversion Costs Conversion Costs $ Total