ACC 543 Week 6 Team Assignment Flexible Budgets
============================================
ACC 543 Exercise 18-17B: Process Cost System Cost of
Production Report
For more course tutorials visit
www.uophelp.com
Exercise 18-17B: Process Cost System Cost of Production
Report At the beginning of 2004, Dozier Company had 1,800
units of product in its work in process inventory, and it started
19,200 additional units of product during the year. At the end of
the year, 6,000 units of product were in the work in process
inventory. The ending work in process inventory was estimated
to be 50 percent complete. The cost of work in process
inventory at the beginning of the period was $9,000, and
$108,000 of product costs was added during the period.
Required Prepare a cost of production report showing the
following. a. The number of equivalent units of production. b.
The product cost per equivalent unit. c. The total cost allocated
between the ending Work in Process Inventory and Finished
Goods Inventory accounts.
============================================
ACC 543 Week 1 Individual Textbook 4.16, 4.18, 4.20
For more course tutorials visit
www.uophelp.com