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The inventory at June 7, 2012 and the costs charged to Work in Process-- Decembe

ID: 2370409 • Letter: T

Question

The inventory at June 7, 2012 and the costs charged to Work in Process-- December B during April for Haw Company are as follows:


500 units, 60% completed $3460

from Deparment A, 10,000 units 36,300

Direc Labor 7,960

Factory Over head 12,500


During June, all direc material are transffred from Dept. A, the units in process at June 1 were completed, and of the 10,000 units entering the department, all were completed except 1,200 units which were 25% completed as to the conversion costs. Inventories are costed by teh FIFO method.


Prepare a cost of production Report for June

Explanation / Answer

inventory cost =300 $

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