The cutting department of Blossom Manufacturing has the following production and cost data for July. Production 1. Completed and transferred out 12,350 units. 2. 2,600 units in ending work in process inventory are 60% complete in terms of conversion costs and 100% complete in terms of materials at July 31. Costs Beginning work in process Direct materials Direct labour Manufacturing overhead $-0- 44,850 15,500 15,102 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process.

The cutting department of Blossom Manufacturing has the following production and cost data for July. Production 1. Completed and transferred out 12,350 units. 2. 2,600 units in ending work in process inventory are 60% complete in terms of conversion costs and 100% complete in terms of materials at July 31. Costs Beginning work in process Direct materials Direct labour Manufacturing overhead $-0- 44,850 15,500 15,102 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process.

Name: Please don't give image format Calculate unit costs and prepare a cost
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Description: Please don't give image format Calculate unit costs and prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 15.25.)Direct materialsConversion costsSSACost Reconciliation ScheduleCosts accounted forTotal costsCompleted

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 4BE: The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inventory...

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