Title: Viking Sports is a manufacturer of sport swear. It produces all of its products in one department. ... Post by: dxpayne on Nov 7, 2017 Viking Sports is a manufacturer of sport swear. It produces all of its products in one department. The information for the current month is as follows:
Beginning work-in-process 20,000 units Units started 40,000 units Units completed 50,000 units Ending work-in-process 8,000 units Spoilage 2,000 units Beginning work-in-process direct materials $12,000 Beginning work-in-process conversion $4,000 Direct materials added during month $60,000 Direct manufacturing labour during month $20,000 Beginning work-in-process was half complete as to conversion. Direct materials are added at the beginning of the process. Factory overhead is applied at a rate equal to 50 percent of direct manufacturing labour. Ending work-in-process was 60 percent complete. All spoilage is normal and is detected at end of the process. Required: Prepare a production cost worksheet assuming that spoilage is recognized and the weighted-average method is used. Title: Re: Viking Sports is a manufacturer of sport swear. It produces all of its products in one ... Post by: Allopa on Nov 7, 2017 Content hidden
Title: Re: Viking Sports is a manufacturer of sport swear. It produces all of its products in one department. ... Post by: dxpayne on Aug 20, 2018 I see. Hmm...
Thanks for confirming, will mark this solved. |