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Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the

Posted: Sun Jul 03, 2022 3:44 pm
by answerhappygod
Production Report No Beginning Inventory Softkin Company Manufactures Sun Protection Lotion The Mixing Department The 1
Production Report No Beginning Inventory Softkin Company Manufactures Sun Protection Lotion The Mixing Department The 1 (21.63 KiB) Viewed 12 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 450,000 378,000 Gallons transferred out Direct materials cost Direct labor cost Overhead applied Direct materials are added at the beginning of the process. Ending inventory is 80 percent complete with respect to direct labor and overhead. $1,350,000 $1,916,640 $2,874,960

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 Units to account for: Units in beginning WIP Units started Total units to account for Units accounted for: Units completed Units in ending WIP Total units accounted for Work completed Unit Information Physical Flow Equivalent Units Direct Materials Conversion Costs

Costs to account for: Cost Information Costs in beginning WIP Costs in ending work in process Total costs to account for Cost per equivalent unit Costs accounted for: Units completed Ending work in process Total costs accounted for Direct Materials $ Conversion Costs 1000 +A Total 1000