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Information for the Sandy Manufacturing Company f...

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Information for the Sandy Manufacturing Company for the month of July 2006 is as follows: Beginning work in process: Cost of Inventory at process, July 1 $5,010 Units - 800 Direct materials = 100% complete Conversion costs = 70% complete Units started in July = 14,000 Costs charged to Work in Process during July: Ending work in process inventory: Direct materials costs = $57,400 Units = 1,500 Direct labor costs = 20,049 Direct materials = 100% complete Factory overhead costs = 30,073 Conversion costs = 30% complete Prepare a cost of production report for the month of July. Sandy Manufacturing Company Cost of Production Report For the Month Ended July 31, 2006 _____________________________________________________________________ Equivalent Units Material Conversion Equivalent Equivalent Units Units Units Beginning work in process (70% complete) Units started & completed (14,000 started - 1,500 ending) Ending work in process (30% complete) Totals

 

Paper#6534 | Written in 18-Jul-2015

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