Reference no: EM132759814
Problem - Prepare a cost of production report for the Cutting Department of Dalton Carpet Company for January. Assuming that direct materials are placed in process during production, use the weighted average method with the following data:
Work in process, January 1, 3,400 units, 75% completed $ 23,000
Materials added during January from Weaving Department, 64,000 units 366,200
Direct labor for January 105,100
Factory overhead for January 80,710
Goods finished during January (includes goods in process, January 1), 63,500 units -
Work in process, January 31, 3,900 units, 10% completed -