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Prepare the cost of production report

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Question - A company's Department_2 cost for June were: Cost from Dept_1 $176,211Cost added:

Materials $0

Conversion Cost $75,000

The quantity schedule shows 90,000 units were received from Dept_1 with a unit cost of $1.9579; 85,000 units were completed and transferred to Dept_3, and 4,500 units in process at the end of June were 95% as to conversion cost. Also, units lost in the process were 1000 (Abnormal loss).

Required - Prepare the cost of production report.

Reference no: EM132964098

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