Olivares enterprises makes rainberry shampoo for

Reference no: EM13485815

Olivares Enterprises makes Rainberry Shampoo for professional hair stylists. On July 31, 2015, 5,200 liters of shampoo were in process, 80 percent complete for conversion costs and 100 percent complete for direct materials costs. During the month of August, 212,500 liters of direct materials were put into production. Data for work in process inventory on August, 31, 2015, were as follows: Shampoo, 4,500 liters; state of completion is 60% for conversion costs and 100 percent for direct materials content.

Using the data above prepare a schedule of equivalent production for August 2015, assuming the company uses the average costing method.

Reference no: EM13485815

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Olivares enterprises makes rainberry shampoo for : olivares enterprises makes rainberry shampoo for professional hair stylists. on july 31 2015 5200 liters of shampoo

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