The Cutting Department of Carla Vista Company has the following production and cost data for...
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The Cutting Department of Carla Vista Company has the following production and cost data for July. 1. 2. Production Completed and transferred out 11,520 units. 2,880 units in ending working in process are 60% complete as to conversion costs and 100% complete as to materials at July 31. Costs Beginning work in process Direct materials Direct labor Manufacturing overhead $0 72,000 15,552 17,568 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process.
Your answer is correct. Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion costs Determine the equivalent units of production for (1) materials and (2) conversion costs. Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, eg. 2.25 and final answers to 0 decimal places, es. 1,225.) The Cutting Department of Carla Vista Company has the following production and cost data for July. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the proces
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