Create cost of production report

Assignment Help Cost Accounting
Reference no: EM132549313

The curtis company uses process costing. The given information applies to the production in department 2 during the month of february 2020. the company's production is divided into 4 departments.

Costs incurred in feb 2020 :

Raw materials used 260,000

Direct Labor 300,000

Factory overhead 200,000

Production Report for June, 2018 :

Units

Units received from Dept. 01 40,000

Units completed and transferred to Dept. 03 35,000

Units in process, Feb 29, 2020 (90% completed to material And 75% completed to Labor and Factory Overhead) 3,000

Question 1: prepare cost of production report

Reference no: EM132549313

Questions Cloud

Rfp process with relevant documents use in rfp process : What is tendering and mention the risks of tendering
Management of chronic illness : How has the currently medical system evolved, because of these challenges? Where do multiple level practitioners fit into this model?
Recognize the influence that developmental stages : Identify teaching/learning needs from the health history of an individual and Recognize the influence that developmental stages have on physical, psychosocial
Describe the 7 points of high performance teams in detail : 1. Describe the 7 points of high performance teams in detail. 2. Apply Lewin's model to solve the following:
Create cost of production report : The curtis company uses process costing. The given information applies to the production in department 2 during the month. Prepare cost of production report
Why should an organization implement an erm application : Why Should an Organization Implement an ERM Application? What are some Key Challenges and Solutions to Implementing an ERM?
What was the corporation actual manufacturing contribution : The difference between the Corporations' operating income calculated on the absorption costing basis and that on the variable costing basis was how much?
How to ensure that the system is automatically reconfigured : Describe how to ensure that your current servers and any servers that you install will have this base configuration. Also, describe how to ensure that when.
Faced with rising demands for health care-limited resources : Governments at all levels (national, state, and local) across the United States are faced with rising demands for health care, limited resources,

Reviews

Write a Review

Cost Accounting Questions & Answers

  Compute the break-even point in dollar sales

Compute the break-even point in dollar sales for the month based on your actual data.

  What ramifications associated with choosing a cost driver

Compare and contrast the cause and effect of multiple cost drivers within the organization. What would be the ramifications associated with choosing an incorrect cost driver?

  Determine the break-even point in units and sales dollars

Determine the sales volume in units and dollars that is required to attain a profit of $12,000. Verify your answer by preparing an income statement using the contribution margin format.

  Looker hats is planning to sell 600 and produce felt hats

looker hats is planning to sell 600 and produce felt hats 700 during june. each hat requires 12 yard of felt and 14

  Estimate the cost of common stock capital

The security market line indicates that a 5% premium above the risk-free rate is desirable. If U.S. Treasury bills are paying 2%, estimate the cost of common stock capital.

  Complete the training plan task

Complete the Training Plan task as described in the Email from Traci on the Atwood and Allen Consulting page.Work together again. Like last time, I'll need you to select, as a group, one client to work with. You'll need to check my communication with..

  Compute the overhead allocation rates for each department

Compute the overhead allocation rates for each department using direct labor hours as a basis. Management wants to know how much the Toyota commercial job cost.

  What is the discount being offered

What is the discount being offered? How quickly must you pay to get het discount? If you do take the discount how much should you remit?

  Prepare a corrected trial balance

Prepare a corrected trial balance as of June 30 of the current year - The balance of cash was understated

  Greiner company makes and sells high-quality glare filters

greiner company makes and sells high-quality glare filters for microcomputer monitors. john graven controller is liable

  Determine the depreciation expense bakersfield would report

Determine the depreciation expense Bakersfield would report for 2010 and 2011 using Straight-line, Double-declining-balance and Units-of-production.

  Compute a plantwide predetermined oh rate

Roddickton Manufacturing Co. has gathered the following information to develop predetermined OH rates for 2013. The company produces a wide variety of energy-saving products that are processed through two departments, Assembly (automated) and Fini..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd